property tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 December 2010
Please tell me whether property tax is allowed on payment basis or for the period to which it relates. In case prop tax of apr to sept was made in Oct when will it be allowed?
18 December 2010
Property tax is allowed on payment basis.
If property tax or municipal tax has not been paid it can not be deducted from the Gross Annual Value. If payment has been made in October for any earlier period, it will be allowed on the basis of Oct.
As per Section 43B also it is allowed on payment basis.
If property tax or municipal tax has not been paid it can not be deducted from the Gross Annual Value. If payment has been made in October for any earlier period, it will be allowed on the basis of Oct.
As per Section 43B also it is allowed on payment basis.
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