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Income Tax on Rent

This query is : Resolved 

30 March 2009 I am having a rental income The property tax is paid by the tenant I want to know can I claim the property tax amount in my Income Tax returns as deduction as it is paid by the tenant.

30 March 2009 yes, u can claim the deduction.

30 March 2009 No,

property tax is allowed as deduction from GAV only if
it is paid(i.e. payment made not outstanding )
by owner
during the previous year.

since it is paid by tenant , NOT ALLOWED

30 March 2009 i support mr. manmohan...it wont be allowed


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