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<h1>Property Not Used as Residence May Qualify as Self-Occupied Under Certain Conditions: Ownership, Employment Elsewhere, No Rental Income</h1> A property not used by the taxpayer for residence cannot be classified as self-occupied. However, an exception exists if specific conditions are met: the taxpayer owns the property, cannot occupy it due to employment or business elsewhere, resides in a non-owned building, the property is not rented out during the year, and no other benefits are derived from it. Under these circumstances, the property can be considered self-occupied, and its annual value will be deemed 'Nil.'