# Standard Computation Format

## Comparative Format — LOP vs DLOP vs SOP

Particulars	LOP	DLOP	SOP
Gross Annual Value	xxx	xxx	NIL
(-) Municipal Taxes paid by owner	(xxx)	(xxx)	—
Net Annual Value (NAV)	xxx	xxx	NIL
Deductions u/s 24:
(-) Standard deduction @ 30% of NAV [Sec 24(a)]	(xxx)	(xxx)	—
(-) Interest on borrowed capital [Sec 24(b)]	(xxx)	(xxx)	(xxx)
Income from House Property	xxx	xxx	(xxx) — Loss

## Key Observations

1. SOP always has GAV = NIL, so no municipal tax / standard deduction benefit.

2. SOP can result only in a loss (from interest), never positive income.

3. DLOP is computed like LOP — full GAV taxable, all deductions allowed.

4. Loss from House Property is restricted to ₹2,00,000 for set-off in the same year (Section 71).

Worked example

### Example 1

Example: LOP — GAV ₹3,00,000; Municipal tax paid ₹30,000; Interest on loan ₹50,000.

### Example 2

Example (SOP): Interest paid ₹1,80,000.

⚠️ Common exam mistakes

Reference:

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Format for Computation of Income from House Property

Worked example