https://www.taxtmi.com/caselaws?id=191694 Where a building is subject to assessment, Explanation I(a) to section 2(2) deems completion to occur on the date the first assessment comes into effect, and actual first occupation becomes relevant only if there is no report, record or assessment. The provision was treated as plain and unambiguous, so no additional requirement could be read in that the building must have been constructed after the Act commenced. On that basis, the deemed completion date governed the ten-year exemption period, the building had not crossed that period when revision was decided, and section 39 could not be invoked to displace the eviction decree. en-us Fri, 05 Mar 1982 00:00:00 +0530 Tue, 25 Apr 2017 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191694 Where a building is subject to assessment, Explanation I(a) to section 2(2) deems completion to occur on the date the first assessment comes into effect, and actual first occupation becomes relevant only if there is no report, record or assessment. The provision was treated as plain and unambiguous, so no additional requirement could be read in that the building must have been constructed after the Act commenced. On that basis, the deemed completion date governed the ten-year exemption period, the building had not crossed that period when revision was decided, and section 39 could not be invoked to displace the eviction decree. Case-Laws Indian Laws Fri, 05 Mar 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191694