Computation of income from house property for let-out house, the following items are deducted. Arrange them in a proper sequence:
A. Local taxes/Municipal Taxes.
B. Standard deductions.
C. Unrealized Rent.
D. Interest on loan for the period the prior to previous year in which the house is completed (in five equal annual instalments).
E. Interest on loan taken for purchase, construction or repair of the house, relating to the previous year.
Choose the correct answer from the options given below:
Codes

Correct option is B

The correct sequence for deducting items in the computation of income from a let-out house property is as follows:
c. Unrealized Rent - This is deducted first.
a. Local taxes/Municipal Taxes - These are deducted after unrealized rent.
b. Standard deductions - These are deducted next.
e. Interest on loan taken for purchase, construction, or repair of the house, relating to the previous year - This is deducted after standard deductions.
d. Interest on loan for the period prior to the previous year in which the house is completed (in five equal annual installments) - This is deducted last.
Therefore, the correct answer is option (b) c, a, b, e, d.