income tax vs service tax

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Follow Query Ask a Query

prasanna

prasanna (Querist)
Follow

29 March 2011 can i claim property tax in both service tax & income tax

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

29 March 2011 In service tax yes

In income tax yes

prasanna

prasanna (Querist)
Follow

29 March 2011 Property tax can claim in service as per the notification no.24/2007

prasanna

prasanna (Querist)
Follow

29 March 2011 Property tax can reduce from the Gross Service Income and it can reduce from income from house property .
my doubt is property tax can claim in only one or both

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

29 March 2011 both you can claim,, since both are different tax

prasanna

prasanna (Querist)
Follow

29 March 2011 Sir any Notification or circulars is it available related to that

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

29 March 2011 No notification or cicular required, since both are different tax, so one tax cannot interept other, also claim in tax cannot deny claim in other tax

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now