Income from house property: annual value of owned buildings and appurtenant land is taxable, excluding owner-occupied business portions. Income from house property is taxable by reference to the annual value of buildings and appurtenant lands owned by the assessee, excluding portions ... Summary
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Income from house property: annual value of owned buildings and appurtenant land is taxable, excluding owner-occupied business portions.
Income from house property is taxable by reference to the annual value of buildings and appurtenant lands owned by the assessee, excluding portions actually occupied by the owner for a business or profession the profits of which are chargeable to tax.
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