CA OFFICE PREMISES- WHETHER COMMERCIAL?
This query is : Resolved
26 December 2007
I am having office in a residential apartment in ground floor. Corporation authorities has treated my office premises as commercial property and accordingly charged property tax applicable to commercial premises.
I want to know whether Chartered Accountants office premises will be treated as commercial or residential for the purposes of charging property tax by municipal authorities.
I want to know whether Chartered Accountants office premises will be treated as commercial or residential for the purposes of charging property tax by municipal authorities.
26 December 2007
Hi Kupendra,
Running and maintenance of any business / profession shall be considered as commercial. The contention of the municipal authorities is correct.
Rgds/
Vineet
Running and maintenance of any business / profession shall be considered as commercial. The contention of the municipal authorities is correct.
Rgds/
Vineet
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