Enhancement in value of net wealth - sub-clause(5) of clause(i) ...

Commercial Establishments Allowed in House Properties u/s 2(ea); Owner Occupancy Not Required for Exclusion.

August 6, 2015

Case Laws Wealth-tax AT

Enhancement in value of net wealth - sub-clause(5) of clause(i) of section 2(ea) nowhere requires that a commercial establishment or a complex cannot be established in a house property - it nowhere provides that only if such commercial complex is occupied by the owner then alone the exclusion shall take effect. - AT

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Enhancement in value of net wealth - sub-clause(5) of clause(i) ...

Commercial Establishments Allowed in House Properties u/s 2(ea); Owner Occupancy Not Required for Exclusion.

August 6, 2015

Case Laws Wealth-tax AT

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