Is deduction for municipal taxes allowed if taxes are borne by the tenant but are actually paid by the landlord of the house property which is let out..?
Menu
Deduction of municipal taxes under house property income
Replies (1)
Yes the deduction will be allowed but firstly you have to increase the rent by the amount of municipal tax and after this the tax will be deducted
Recent Threads
- Form 16 format
- 17(5) Blocked ITC
- Transfer of equity shares to original owner
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
- Indexation Benefit available or not on Calculation
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
Related Threads
CAclubindia
