Advise required it calculation & necessary declaration

Your house property will be considered as let-out property & the Gross Annual Value for teh eyar would be 11000*9= 99000.  However if the Annaul lettable value is more than the GAV, then the ALV sould be consdiered as Gross Annual value.  the deduction for municipal taxes can be paid, if they actually paid.  You will also ger the deduction of the whole interest paid & also 30% Std Ded.  Your income from HP would be as follows:

GAV                                   99000

Less:MT Paid                     8700

Net Annual Value             90300

Less: 30% Std Ded          27090

          Interest on Loan     169000

Loss from House Prop -105790

this loss you can set-off against your salary/business income