Municipal taxes paid by one co-owner in case of joint ownership
Harsh Doshi (32 Points)
23 June 2017Harsh Doshi (32 Points)
23 June 2017
Piyush Tanwar
(Assistant Manager - Accounts)
(1432 Points)
Replied 23 June 2017
Proportionate deduction of municipal taxes is allowed as per the share of parties in the property.
Thanks and Regards
Piyush Tanwar
Semi Qualified CA and Internal Auditor
Mobile - 9717468521
CA Hariprasad Nayak
(Chartered Accountant)
(221 Points)
Replied 23 June 2017
There is nothing that bars claiming Municipal taxes in the hands of all the co-owners.
Regards,
CA Hariprasad Nayak
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