TMI BlogActive Use of Property for Business Qualifies as "Own" Occupation for Tax Purposes on Unsold Flats.Annual letting value of unsold flats - The intention of the lawmakers was that occupation of one’s own property, in the course of business, and for the purpose of business, i.e. an active use of the property, (instead of mere passive possession) qualifies as “own” occupation for business purpose. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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