House property
This query is : Resolved
27 November 2014
first municipal tax is charged 100000 then after 1 year if municipality give 30000 back to me then what will be the tax consequences??
CMA Ramesh Krishnan
(Expert)
27 November 2014
Municipal tax as paid basis you can take deduction, incase excess refund back, adjust in the current year municipal tax claim under house property
Rupesh Jain
(Expert)
28 November 2014
you can adj the tax in current year
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