Hi,
For calculation of House Rent income we can deduct Local Taxes
What local tax include
I am paying
1 Property Tax
2 Water Charges / Tax it is not metered everybody pays according to Area of house
3 Sewage /Drainage Charges
Thank you
sfunds.2014 (retired) (100 Points)
27 July 2022Hi,
For calculation of House Rent income we can deduct Local Taxes
What local tax include
I am paying
1 Property Tax
2 Water Charges / Tax it is not metered everybody pays according to Area of house
3 Sewage /Drainage Charges
Thank you
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