https://www.taxtmi.com/news?id=770 Whether vacant areas within an industrial plot such as internal roads, approach roads or playgrounds qualify as exempt appurtenant land depends on ownership and use; municipal bye laws requiring reservation do not change ownership, and such internal circulation and play areas that form part of the owner's plot are not covered by the statutory building exemption and are taxable as part of the company's wealth. en-us Mon, 02 Mar 2009 11:01:03 +0530 Mon, 02 Mar 2009 11:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=770 Whether vacant areas within an industrial plot such as internal roads, approach roads or playgrounds qualify as exempt appurtenant land depends on ownership and use; municipal bye laws requiring reservation do not change ownership, and such internal circulation and play areas that form part of the owner's plot are not covered by the statutory building exemption and are taxable as part of the company's wealth. News - Mon, 02 Mar 2009 11:01:03 +0530 https://www.taxtmi.com/news?id=770