housing property tax

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Manjeet Mehra

Manjeet Mehra (Querist)
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17 August 2009 Is housing property tax allowed in p&l or not.

chetan soni

chetan soni (Expert)
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17 August 2009 No this will not allowed as deduction for income tax. You can show this in profit & loss account, but you need to get this add to income in computation sheet.

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