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House property deductions

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30 July 2012 Dear All,
If a Building is consisting of SOP and LOP both equally, whether we can claim the whole amount paid to Muncipal Taxes from the Rent Received (LOP) or we need to take only half of the amount paid.
Please confirm me regarding the same.

Thank You in Advance.

30 July 2012 Half of the muncipal tax you can claim from rent income.

30 July 2012 Agreed with the reply


30 July 2012 50% of the muncipal tax you can claim



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