Economy, asked by riddheshjadhav98, 6 months ago

municipal tax is deducated from

Answers

Answered by rizwanahmedpathan

0

Explanation:

Municipal taxes paid: Any taxes paid to the Government during the financial year (for which the income is being computed) on the property owned, such as house tax, are allowed fordeduction from the Gross Annual Value which is calculated on the basis of the total rent receivable/received/deemed rent for the property ...

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