Property Income

No dear frnd,

Assesse can claim only for municipal tax not maintanence charges nd here one thing more that assesse cant carryforward nd sett off municipal tax in other word, in which year assesse paid municipal tax he/she can claim only in that particular year although he pay advance municipal tax then also he can claim this deduction in that year in which he make payment.   

You cannot carry forward the tax as such but you can carry forward the net House property loss. Moreover only the taxes levied by the municipal authorities can be claimed as deduction.