income from house property
Shiva Kumar K (93 Points)
04 May 2018
arrears of municipal tax should be deducted from gross annual income ?
4 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14912 Points)
Replied 04 May 2018
Municipal taxes actualy paid and borne by the assessee during the previous year only can be deducted form Gross annual value .
satish
(teaching)
(2046 Points)
Replied 04 May 2018
amount of municipal tax which is paid during the previous year only can deductable.
Deepika Yadav
(561 Points)
Replied 05 May 2018
You can deduct full amount of municipal tax paid during the previous year
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