Two different floors of one house property cannot be treated as two different residential houses
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Two different floors of one house property cannot be treated as two different residential houses

Case Law Details

Case Name
ITO Vs. Nathamuni Krishnaswamy Balaji (ITAT Chennai)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2010- 11
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ITO Vs. Nathamuni Krishnaswamy Balaji (ITAT Chennai) It is an undisputed fact that both the ground floor and first floor bearing same residential number, i.e., 64,/43, 28th Cross Street, Indira Nagar, Adyar, Chennai, contiguous to each other and are within a common boundary and a common compound. Further, the property tax and water tax are paid for the entire house as a whole and it is a composite unit till now it continues to remain the same. On verification of the Property tax details of 4-9-2014, the learned Commissioner (Appeals) has noticed that the above said property is mentioned as sin...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 17,264

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