Commercial Establishments Allowed in House Properties u/s 2(ea); Owner Occupancy Not Required for Exclusion.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Enhancement in value of net wealth - sub-clause(5) of clause(i) of section 2(ea) nowhere requires that a commercial establishment or a complex cannot be established in a house property - it nowhere provides that only if such commercial complex is occupied by the owner then alone the exclusion shall take effect. - AT....