The annual value of a house property is Rs:1,40,000. Mr. X and Mr. Y are equal co- owners ofthe house. X’s income from house property shall be:

The annual value of a house property is Rs:1,40,000. Mr. X and Mr. Y a

1.	The annual value of a house property is Rs:1,40,000. Mr. X and Mr. Y are equal co- owners ofthe house. X’s income from house property shall be:
A.	Rs: 70,000
B.	Rs: 1,40,000
C.	Rs: 49,000
D.	Zero
Answer» D. Zero