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INCOME FRM HOUSE PROP.

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 February 2011 Kindly advise in the following case:-

while calculating IHP, whether all the municipal taxes such as House Tax and Water Tax, Library Ces, Penalty for late payment etc., can be considered or only House Tax can be considered?

regards,
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Sunil Kr. Sanganeria

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Sunil Kr. Sanganeria (Expert)
25 February 2011 Only Municipal Tax is deductible

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