Regarding Municipal tax on sop


This query is : Resolved 

Quick Summary
This discussion clarifies the deductibility of municipal tax for self-occupied properties. It confirms that municipal tax can only be claimed as a deduction for let-out properties, not for self-occupied ones. For self-occupied properties, these taxes are considered personal expenditure and are not deductible under income from house property.

(Querist)
14 September 2024 Hi , We pay municipal Tax on Self occupied property
Can we claim it under income from house property and claim in let out property
Rent received
Less Municipal taxes for both sop and lop

Here municipal taxes means only for let out property or both sop and lop

Plz may I know the correct answer !
Thank you so much in advance !

14 September 2024 Municipal tax is deductible only for let out property and not for SOP.

Arihant N (Querist)
14 September 2024 Thank you sir. For let out property we can claim both property tax and water tax and for sop property it will come under capital account
am i correct sir ?

14 September 2024 Yes. as personal expenditure.


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details