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Property tax - renting of immovable property

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 May 2015 Dear Experts,

Property tax paid is to be deducted and then on the net amount service tax is to be computed. However if the property tax is paid by the tenant and not the owner , then can the same be deducted?

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18 May 2015 No. Please see notification 29/2012.

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 May 2015 Thanks for the clarification.


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