Income from House Property
Which building is charged under this head, at what annual value, and how much of the interest actually reaches the computation once the regime and the set-off cap have done their work.
- 4 pages
- 73
- Word and PDF
- 13 September 2026
The 2 formats inside
- 1House property computation sheetworking paper for the return fileOn its own₹149
- 2Request to a bank for a housing loan interest certificateon the client's letterheadOn its own₹149
Read the opening
The first part of “House property computation sheet”, as it downloads. Blanks are highlighted.
Computation of income under the head income from house property
Assessee: [Assessee's name] PAN: [Assessee's PAN] Assessment year: [2026-27] Regime: [old / default]
Sl. | Particulars | Property 1 [self-occupied] | Property 2 [let out] | Property 3 [deemed let out] |
|---|---|---|---|---|
1 | Address; share of the assessee; co-owners and their shares | [____] | [____] | [____] |
2 | Municipal value | — | [____] | [____] |
3 | Fair rent of a similar property in the locality | — | [____] | [____] |
4 | Standard rent under the rent control law, if any | — | [____] | [____] |
5 | Expected rent — higher of 2 and 3, capped at 4 | — | [____] | [____] |
6 | Rent received or receivable for the let period | — | [____] | — |
7 | Less: unrealised rent satisfying every condition of Rule 4 | — | [____] | — |
8 | Actual rent, 6 less 7 | — | [____] | — |
9 | Period of vacancy in months, and whether the shortfall in 8 is attributable to it | — | [____] | — |
10 | Gross annual value — nil for a self-occupied house; higher of 5 and 8; or 8 where 9 applies | Nil | [____] | [____] |