Municipal tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 March 2014
Dear Sir ,
Please tell me whether Municipal Tax/Property Tax paid for self occupied property is allowed as deduction under head IFHP ?
Please tell me whether Municipal Tax/Property Tax paid for self occupied property is allowed as deduction under head IFHP ?
12 March 2014
well for self occupied properties, the annual value is considered as Nil and no deduction for taxes paid etc is allowed.
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