13 March 2016
Sir, I am constructing a house which was completed in january, the interest paid during the year is 265000 which is post acquisition int as per House property computation. I received a rent of 15000*3=45000 for jan to march, what will be my house property loss for the year 15-16. If Municipal value, Fair rental value are 1,50,000 and 2,40,000 for year respectively.