When to claim deduction of reimbursem tax paid by tenant and


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Querist : Anonymous

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Querist : Anonymous (Querist)
10 March 2013 for the f.y.2012-13 tenant has paid the municipal tax to municipal. Owner of the Licensor will reimburse the expenses of property tax to the tenant in the next finanncial year i.e.f.y.2013-14.

under such, when can landlord will claim deduction of the reimbursement of the property tax paid by the tenant in f.y.2012-13 ?

10 March 2013 well, I will advise you to claim in FY 2012-13 itself.

The language of the act suggest actual payment of taxes. So, claim in FY 2012-13 and keep the reimbursements out of books.

10 March 2013 Yes, it need be claimed in FY 2012-2013 itself.

Municipal tax has been actually paid during the year by tenant on behalf of the owner.


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Querist : Anonymous

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Querist : Anonymous (Querist)
27 April 2013 is reimbursement in cash paid to tenant by landlord is allowable expenses to claiming the property tax paid under the house property head?



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