income from house property

04 May 2018

arrears of municipal tax should be deducted from gross annual income ?

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4 Replies

prasad Nilugal ( GST Practitioner & Accounts ) (14658 Points)
Replied 04 May 2018

Municipal taxes actualy paid and borne by the assessee during the previous year only can be deducted form Gross annual value .

satish (teaching) (2046 Points)
Replied 04 May 2018

amount of municipal tax which is paid during the previous year only can deductable.

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Deepika Yadav (561 Points)
Replied 05 May 2018

You can deduct full amount of municipal tax paid during the previous year

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Krishna Vamsi (23 Points)
Replied 14 June 2018

Deduction available when actually paid.

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