Let-Out Property Income Calculator

Calculate taxable income from rental property.

Calculate Rental Income

Annual Rent Received *

₹

Municipal Tax Paid

₹

Home Loan Interest

₹

Result

Enter details to calculate.

Calculation Formula

Income = Rent - Municipal Tax - 30% Standard Deduction - Interest Loss set-off: Up to ₹2L against other income Carry forward: 8 years for remaining loss

FAQs

30% of Net Annual Value is automatically deductible for maintenance. No proof needed.

No, entire interest is deductible. The ₹2L limit is only for self-occupied property.

⚠️ Disclaimer: For estimation only.