https://www.taxtmi.com/caselaws?id=65851 Municipal tax levied by a local authority is deductible while computing annual value of property income under Section 23 of the Income-tax Act, 1961, even if it was not actually paid during the accounting year. The decisive factor is the levy of the tax, not payment during the previous year. Accordingly, the owner is entitled to the deduction once the tax has been levied, and actual payment is not a condition precedent for allowance. The departmental appeal failed. en-us Wed, 15 Feb 1984 00:00:00 +0530 Fri, 18 Feb 2011 19:09:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65851 Municipal tax levied by a local authority is deductible while computing annual value of property income under Section 23 of the Income-tax Act, 1961, even if it was not actually paid during the accounting year. The decisive factor is the levy of the tax, not payment during the previous year. Accordingly, the owner is entitled to the deduction once the tax has been levied, and actual payment is not a condition precedent for allowance. The departmental appeal failed. Case-Laws Income Tax Wed, 15 Feb 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65851