Calculating income from house property

Hi

For calculating income from house property we need the following information :

a) Fair Market Value 

b) Municipal Value 

c) Standard Rent 

d) Actual Rent.

All information can be easily availed except standard rent as this is fixed by rent controller.

Query is how to get this Standard

Rent figure to easily to calculate Income from house property's without much of headache.

Can someone enlighten me !

Thanks

Replies (2)
Quick Summary
This discussion seeks to simplify the calculation of income from house property. The main challenge is obtaining the 'Standard Rent' figure, which is often fixed by the rent controller and can be difficult to access. While Fair Market Value, Municipal Value, and Actual Rent are generally straightforward to find, the Standard Rent is crucial for accurate income calculation, especially for properties under rent control.

It is applicable only if the let out property is under Rent control act. Mostly it is lower than actual rent. Municipality or local Revenue offices have this figure for the area.

Okay !  Thank you Sir

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details