Poorna has one house property at Indira Nagar in Bangalore. She stays with her family in the house. The rent of similar property in the neighbourhood is 25,000p.m. The municipal valuation is 23,000 p.m. Municipal taxes paid is 8,000. The house construction began in April 2016 with a loan of 20,00,000 taken from SBI Housing Finance Ltd. @9% p.a. on 1.4.2016. The construction was completed on 30.11.2018. The accumulated interest up to 31.3.2018 is 3,60,000. On 31.3.2023, Poorna paid 2,40,000 which included 1,80,000 as interest. There was no principal repayment prior to this date. Compute Poorna’s income from house property for A.Y. 2023-24.   * 10 points​

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