Whether municipal taxes under income from house property includes PROPERTY TAX?
If an assessee gives property tax whether it will be deducted while computing income from house property?
Whether municipal taxes under income from house property includes PROPERTY TAX?
If an assessee gives property tax whether it will be deducted while computing income from house property?
Yes Municipal taxes means property tax. You get the deduction of the this tax paid, only if your property is let-out during the F.Y. In case of SOP no deduction is allowable
Agrree with Mr. Giridhar
Thanks for the reply...
From where i would get a further affirmation? Is there any case law supporting the contentioon that property tax and municipal tax are same?
They are the same thing...There may be a bifurcation between water tax etc. but property tax and municipal taxes are the same thing.
Hence, it is claimable for your let out property.
YES. PROPERTY TAXES AND MUNICIPAL TAXES ARE THE SAME. 
Can the Municipal Corporation(Gurgaon) charge Municipal Tax with retrospective effect.Also the aera in question
is maintained by another state Govt agency called Haryana Urban Development authority.Kindly clarify.
Regds.K Ganesan,Gurgaon.
Property Tax is part of Municipal Taxes.
So while computing IFHP. u/s 23(1) , You can get deduction when it is actually paid.
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