30 August 2014
There is no condition that municipal taxes should have been borne by the landlord. The only condition is that municipal taxes should have been paid. So landlord can claim deduction even if taxes have been borne by the tenant
30 August 2014
1) The Municipal taxes , if paid by the tenant for your property are defined either as a part of the rent or additional payments towards tenancy only and all such amount are taxable in the hand of Owner.
2) Municipal taxes deposited either by Tenant or owner for a property can only be claimed under exemption by property owner only.
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