Property tax

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Employee
77 Points Posted on 25 August 2014

Hi All,

Property Tax Refund is taxable under which head?

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On 25 August 2014 at 14:38 Report
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ARTICLE ASSISSTANT
175 Points Posted on 25 August 2014

It will be taxable under the head of "Income from house Property"

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On 25 August 2014 at 14:45
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Manager-Accounts & GST Consultant
5124 Points Posted on 25 August 2014

But how come it is refundable?????

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On 25 August 2014 at 15:04
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ADVOCATE- TAXATION ADVISOR
427 Points Posted on 25 August 2014
There is no way to claim the refund of property tax yet the property tax to be deduct from rental income
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On 25 August 2014 at 15:25

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