Service Tax deduction under House Property

Amir (Learner) (4016 Points)

05 March 2010  

Dear Members,

I m aware that Renting of Immovable Property is a taxable service under Service Tax,

Now I have following queries under Income Tax relating to above -

1) While computing "Annual Value", Actual rent shall be taken as inclusive of Service Tax or not......

2) If answer to above is "YES", then whether the amount of "Service Tax" paid can be claimed as deduction u/s 23...

Thanks in advance.............!