While computing income chargeable to tax under the head “Income from house property” in the case of a let-out property, what are the expenses to be deducted from gross annual value?

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....me from house property - Income Tax - Frequently Asked Questions (FAQs)<br>Income Tax<br>Ans. While computing income chargeable to tax under the head &quot;Income from house property&quot; in the case....

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....t of interest on capital borrowed for the purpose of purchase, construction, repair, renewal or reconstruction of the property. (*) Only municipal taxes paid by the owner during the year can be deduc....