Shri Pradeep Joshi purchased several properties on 1st April, 2018, the annual letting value of which
amounts to G 25,00,000. Including G 5,00,000. For a bungalow where he resides. He claims the following
expenses in addition to the statutory allowance for repairs, viz, G 12,000 for insurance premium, G 78,000
for interest on loan taken to reconstruct the residential house, G 30,000 for vacancy allowance, G 500 for
ground rent and G 8,000 for rent collection charges. Find out his income from house property for the
assessment year 2019-20.