|
Menu
Calculation of Income from House Property
Replies (3)
Quick Summary
No, municipal tax should be deducted from both of the houses as per share
Your answer is not clear. Only one house is given for rent. Then how can I deduct taxes of both the houses? Since the tax of self occupied house is more, I plan to deduct the same. Is it possible?
Municipal tax can be deducted only from let out property.
Municipal tax is deducted before determining the annual value, consequently in sop you cannot deduct Municipal tax since the very annual value is NIL
Municipal tax in respect of let out property can be deducted.
Municipal tax is deducted before determining the annual value, consequently in sop you cannot deduct Municipal tax since the very annual value is NIL
Municipal tax in respect of let out property can be deducted.
Recent Topics :
- Extension of Due Date of AY 2026-27
- FAST DS 2026
- Does AIS GST Purchase aggregate GSTR-2B expenses?
- Form 26A - System has encountered some technical p
- Tool to convert GST invoice PDFs into Excel —
- Revised or rectification or leave it?
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
Related Topics :
CAclubindia
