Hai Whether we claim Property tax or sewarage tax for lock and key House Property. Since GAV is taken as Nil. pl reply
Property tax and water tax deduct from vacant house property
karthik (ca final) (84 Points)
16 July 2011
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 16 July 2011
Only those deductions which are allowed under sec 24 can be deducted and no other expensed can be deucted.
valji
(Accounts manager-MBA)
(2150 Points)
Replied 16 July 2011
agree with above deduction which is specified under sec 24 is allowed as deduction