Shri K Das owns several properties the annual letting value of which amounts to Rs 465000 including Rs 78000 for a bungalow where he resides. He claims the following expenses in addition to the statutory allowance for repair. Rs 1000 for insurance premiums Rs 5000 for interest on loan taken to repair the residential house Rs 3000 for vacancy allowances Rs 300 for ground rent and 20000 for rent collection charge. During the previous years one tenant defaulted in the payment of rent of Rs 30000 for three months. The legal proceedings instituted in a court of law for the recovery of rent have not been disposed off.