TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Clarification on 'House' Definition in Estate Duty Act: Includes Residence and Essential Land for Enjoyment.</h1> The circular addresses the interpretation of 'house' under section 33(1)(n) of the Estate Duty Act, 1953, concerning estate duty exemptions. It clarifies that the term 'house' includes not only the building used as a residence but also the land necessary for its enjoyment, such as gardens or parking areas, as required by municipal bylaws. The circular emphasizes that determining what land is appurtenant to the house is a factual question for authorities to decide. These instructions are also applicable to wealth-tax assessments, and assessing officers should consider them in relevant cases.
TaxTMI 
TaxTMI 
