House property tax

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Accountant

28 Points Posted on 16 January 2014

Dear sir

I have let out the property for 5 months and the remaining was Self-ocupied. I have paid House tax for the full year.

Shall I claim full house tax as deduction from the "Income from House Property" or Nill House tax or Any other amount.

Please Explain

With regards

S.Vinoth

Replies (1)

LEARNER

1394 Points Posted on 16 January 2014

Hello, Friend

Deduction for municipal tax is given on paid basis, so what ever amount u paid as municipal tax u can claim for deduction

Yes, You Can Claim full amount for deduction

THANKS

SHIKHAR

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