https://www.taxtmi.com/caselaws?id=289911 Conservancy tax and water rate levied by a local authority were held not to be taxes levied in respect of property within the third proviso to section 9(2) of the Income-tax Act, 1922. The provision distinguishes between annual charges and taxes in respect of property, and the half-deduction rule applies only where the local authority tax is imposed because of the property itself and is payable wholly by the owner or partly by the owner and partly by the tenant. As the impugned levies under the municipal law were tied to conservancy services and water supply actually rendered, and not to the mere existence of property, full deduction from the annual value was allowable. en-us Wed, 04 Sep 1957 00:00:00 +0530 Sat, 29 Aug 2020 15:49:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289911 Conservancy tax and water rate levied by a local authority were held not to be taxes levied in respect of property within the third proviso to section 9(2) of the Income-tax Act, 1922. The provision distinguishes between annual charges and taxes in respect of property, and the half-deduction rule applies only where the local authority tax is imposed because of the property itself and is payable wholly by the owner or partly by the owner and partly by the tenant. As the impugned levies under the municipal law were tied to conservancy services and water supply actually rendered, and not to the mere existence of property, full deduction from the annual value was allowable. Case-Laws Income Tax Wed, 04 Sep 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289911