Glance on Local Body Tax (LBT)



Local Body Tax (LBT) under Maharashtra Municipal Corporation Act (LIX of 1949) Chargeability of LBT: Corporation may impose LTB on the entry of goods (purchases) into the limits of the city for consumption, use or sale therein in lieu of octroi or cess, if so directed by State Govt. in OG.
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About the Author

Laxminiwas and Jain Chartered Accountants

Chartered Accountant.


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