regarding muncipal tax
samiullah m tahasildar
(Querist) 14 July 2011
This query is : Resolved
if the property is to be let out...
1.the muncipal tax will be paid by tenant or owner ?
2.what will be the rate of muncipal tax for property (commercial property) ?
3.is there any provision that we can differentiate the rent in two ways like ..
suppose the rent is 10000 ..
3000 for place of business and 7000 for furniture ...
the property is situated at maharashtra state ...
prabhakar singh
(Expert) 15 July 2011
1.the muncipal tax will be paid by tenant or owner ?
depends on agreement between the two.general practice is to let it go upon tenant.
2.what will be the rate of municipal tax for property (commercial property) ?
depends on valuation made by municipal board.
3.is there any provision that we can differentiate the rent in two ways like ..
suppose the rent is 10000 ..
3000 for place of business and 7000 for furniture ...???????
possible