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House property

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 March 2013 Dear Experts,

I have house property which was vacant for the whole year, but I have paid municipal taxes for this year. I am also having housing loan which deduction I have taken in my calculation. But I have to know can I untiled for a deduction of municipal taxes?
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Santosh Mishra

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Santosh Mishra (Expert)
08 March 2013 Yes, you would get deduction for municipal taxed and housing loan interest.

I hope you have also shown notional rent as income from house property. as it is a deemed let out property.

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