https://www.taxtmi.com/caselaws?id=21507 The proviso to section 23(1) permits deduction of local authority taxes in the previous year in which they are actually paid by the owner. For property tax, the levy is treated as arising when the demand is raised, and the demand notice operates as the relevant levy for this purpose. Where earlier-year municipal taxes were demanded and paid during the relevant accounting year, the deduction is allowable in that year. The stated outcome is that the deduction was correctly allowed and the issue was answered in favour of the taxpayer. en-us Wed, 28 Aug 1991 00:00:00 +0530 Wed, 25 Nov 2009 10:41:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21507 The proviso to section 23(1) permits deduction of local authority taxes in the previous year in which they are actually paid by the owner. For property tax, the levy is treated as arising when the demand is raised, and the demand notice operates as the relevant levy for this purpose. Where earlier-year municipal taxes were demanded and paid during the relevant accounting year, the deduction is allowable in that year. The stated outcome is that the deduction was correctly allowed and the issue was answered in favour of the taxpayer. Case-Laws Income Tax Wed, 28 Aug 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21507