https://www.taxtmi.com/article/detailed?id=7311 Section 22 excludes annual value of buildings or appurtenant land that the owner occupies for the purposes of any business or profession chargeable to tax; therefore buildings held as business assets or used as stock-in-trade and occupied by the owner for trading or other business purposes should not have their annual value taxed under Income from House Property, while properties held or let as investments remain liable under the house property head. en-us Wed, 08 Mar 2017 06:53:17 +0530 Wed, 08 Mar 2017 06:53:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7311 Section 22 excludes annual value of buildings or appurtenant land that the owner occupies for the purposes of any business or profession chargeable to tax; therefore buildings held as business assets or used as stock-in-trade and occupied by the owner for trading or other business purposes should not have their annual value taxed under Income from House Property, while properties held or let as investments remain liable under the house property head. Articles Income Tax Wed, 08 Mar 2017 06:53:17 +0530 https://www.taxtmi.com/article/detailed?id=7311