House Property Income Calculator – FY 2025-26
Compute “Income from house property” as per Sections 22–24: annual value, 30% standard deduction, and interest on housing loan.
AY 2026-27 • Self-occupied / Let-out
1. Property type & basic details
Let-out properties:
• Gross Annual Value (GAV) is normally the actual rent received / receivable for the year.
• From this, you can deduct municipal taxes actually paid by the owner to arrive at Net Annual Value (NAV).
• Unrealised rent can also be reduced, subject to conditions of Rule 4 of the Income-tax Rules.
• Gross Annual Value (GAV) is normally the actual rent received / receivable for the year.
• From this, you can deduct municipal taxes actually paid by the owner to arrive at Net Annual Value (NAV).
• Unrealised rent can also be reduced, subject to conditions of Rule 4 of the Income-tax Rules.
2. Interest on housing loan – Section 24(b)
For self-occupied properties, interest is generally allowed up to ₹2,00,000 (subject to conditions). For let-out properties, full interest is allowed, but overall set-off of loss from house property is restricted to ₹2,00,000 against other heads in a year.
House Property Summary
Use this under “Income from house property” in your main tax working
Annual value / Gross Annual Value
₹ 0
Net Annual Value (NAV)
Deduction u/s 24(a) – 30% of NAV
₹ 0
Interest u/s 24(b)
₹ 0
Income from house property
₹ 0
| Particulars | Amount (₹) |
|---|---|
| Annual value / GAV | ₹ 0 |
| Less: Municipal taxes (paid by owner) | ₹ 0 |
| Less: Unrealised rent | ₹ 0 |
| Net Annual Value (NAV) | ₹ 0 |
| Less: 30% deduction u/s 24(a) | ₹ 0 |
| Less: Interest on borrowed capital u/s 24(b) | ₹ 0 |
| Income from house property | ₹ 0 |
Note: For self-occupied property, annual value is considered Nil and interest deduction
is generally capped at ₹2,00,000 (subject to conditions of Section 24(b)). Any loss can be set off against
other heads only up to ₹2,00,000 in a year; balance is carried forward.
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