EASYOFFICE
EASYOFFICE

House property

This query is : Resolved 
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(Querist)
06 November 2014 Why municipal tax is not allowed in case of self occipied?
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Amol S Joglekar

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Amol S Joglekar (Expert)
06 November 2014 one self occupied property: income is NIL, as per the choice of the assessee. For the another self occipied, one can very well claim municipal taxes PAID.
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Sanchitt

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Sanchitt (Querist)
06 November 2014 If he has business then should he debit MT U/H B/P ?
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Amol S Joglekar

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Amol S Joglekar (Expert)
06 November 2014 is he using the property for business?
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Sanchitt

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Sanchitt (Querist)
06 November 2014 Only if he is using in business then he can debit ?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
07 November 2014 yes then he can debit.......

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