https://www.taxtmi.com/caselaws?id=49750 Municipal house tax and water tax levied on the annual value of property under the United Provinces Municipalities Act, 1916, and paid by the owner as lessor, were held not to be deductible as an annual charge in computing property income under Section 9 of the Income-tax Act, 1922. The municipal levies were recoverable under the municipal law and constituted a first charge on the property, but they did not amount to an allowable annual charge within Section 9(1)(iv). The deductible annual value of the property therefore could not be reduced by these taxes, and the answer was against the assessee. en-us Fri, 26 May 1950 00:00:00 +0530 Tue, 17 Aug 2010 12:17:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49750 Municipal house tax and water tax levied on the annual value of property under the United Provinces Municipalities Act, 1916, and paid by the owner as lessor, were held not to be deductible as an annual charge in computing property income under Section 9 of the Income-tax Act, 1922. The municipal levies were recoverable under the municipal law and constituted a first charge on the property, but they did not amount to an allowable annual charge within Section 9(1)(iv). The deductible annual value of the property therefore could not be reduced by these taxes, and the answer was against the assessee. Case-Laws Income Tax Fri, 26 May 1950 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49750