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Property tax & land revenue, Income Tax

Issue Id: - 4266
Dated: 16-6-2012
By:- sanjeev kanwar

Property tax & land revenue


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Hi

i have collected the rent from our tenant for last 10 yrs alonge with the property tax & land revenue which i have paid in pre.yrs

so i have to pay the the tax on only rent or rent pluse property tax & land revenue 

pls suggest

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Showing Replies 1 to 1 of 1 Records

Page: 1


1 Dated: 12-10-2012
By:- CA GOPALJI AGRAWAL

You have to pay tax on rent plus property tax but property tax is deductible from rental income


Page: 1

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