House property


This query is : Resolved 

(Querist)
04 July 2014 sir,
if a person letout his first floor of his house property. while computing his income from house property whole municipal tax for three floors of building will b deducted from g.a.v or m.tax will b deducted on proportionate basis..for only the let out floor...pls solve this query of mine.

04 July 2014 Muncipal tax will be deducted on proportionate basis for only the let out floor.

Rupesh Jain (Expert)
04 July 2014 municipal tax according to floors area or a basis charged by municipal corporation.


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