Income from house property
This query is : Resolved
16 October 2013
Deduction of Municipal Tax paid for future years is allowed ??
16 October 2013
Yes, it is allowed
16 October 2013
Hi
Muncipal tax is allowed on the payment basis in a year in which payment is made.
So it is allowed.
Thanks//VaibhavJ
Muncipal tax is allowed on the payment basis in a year in which payment is made.
So it is allowed.
Thanks//VaibhavJ
16 October 2013
But as per definition it is deducted only when it is levied and paid .. nd when we pay it for future it can't be called levied !!
16 October 2013
Agree with Experts,
Such deduction is allowed only if the municipal taxes are borne and have been actually paid during the year by the owner of the property.
Taxes that are due but not paid are not allowed as a deduction. However, taxes paid during the year are allowed as a deduction even if they relate to past or future years.
Such deduction is allowed only if the municipal taxes are borne and have been actually paid during the year by the owner of the property.
Taxes that are due but not paid are not allowed as a deduction. However, taxes paid during the year are allowed as a deduction even if they relate to past or future years.
17 October 2013
Yes, municipal taxes paid is allowed on payment basis
17 October 2013
Agreed with Vaibhav that it is allowed on payment baisis.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- Tds on commission charges
- Applicability of GST on Salary Reimbursement Component
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Need Professional Opinion AY 2012-13 Old Demand
- Withdrawal in cash from partners capital account by partner
- FAST-DS Scheme - Foreign Assets
- Regarding Applicability of Tax Audit u/s 44AB
- Dep. as per companies act
- TDS on TRUST
- Salary from Qatar in Dollars in India
- CHECK RELATED
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
ARTICLESHIP
07 September 2026
Article/ Paid Assistant
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared
Getmyca Consultant Pvt Ltd
New Delhi
CA Inter
View Details
ARTICLESHIP
15 September 2026
Freelance Taxation Content Writer Intern
Interactive Media Pvt Ltd.
New Delhi
CA Inter
View Details
CCI
Pro
CAclubindia
