banner_ad

Municipal/Panchayat annual property tax-deduction regarding-u/s 24 if I.T.Act

419 views 5 replies
In respect of self occupied joint house/flat purchased out of 'own funds', can I, a Sr. Citizen claim deduction of annual property tax paid to Municipality/Local Panchayat office, from out of my Gross income before calculating my I.T. obligations every year u/s 24 of I.T.Act?
Replies (5)
No you cant claim because gross annual value for self occupied property is nil
Post more details
@ sabyasachi mukherjee, what 'more details', you require please?
No you can't as the property is self occupied and gross annual value is nil as specified by Abhishek arthur
These sre all kwoledge forum not live examples


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
03 May 2026
Senior Chartered Accountant

Nirmal Jain & Co

New Delhi

CA

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details