Hello everyone.
can please anyone tell me the difference between residential building and commercial building. how will you determine. please clarify in simple words. suppose if building's ground floor is used for business and 1st and 2nd floors are used for residential purpose. what it will be called commercial or residential property?
Menu
Commercial and residential building
Replies (1)
Commercial buildings are totally used for commercial purpose, shops, offices, cinema halls malls etc, where not a single residential unit exists.
All other buildings having upper floors as residential usage, while ground floor as shops or parking area, are called residential complex.
Recent Topics :
- Transport agency accounting entry in purchase &
- REGARDING HSN CODE FOR WASHING JOB CHARGES
- Advance Tax Due Date 2026
- Query – Interest on Capital Received by Part
- Query - Section 164(2)(a) – Interpretation o
- Submission for Expert Opinion on Rectification of
- NRI since March 2023 – resident savings acco
- My All-Time Top 15 Indian Web Series
- Wrong date of invoice
- Paper 6 - IBS
Related Topics :
CAclubindia
