I would like to seek a expert opinion preferably from Chennai advocates, What is the status of a Residential building paying commercial Tax, If I take the property on lease what are the consequences???
Prem Krishanan ( Legal) 02 August 2010
I would like to seek a expert opinion preferably from Chennai advocates, What is the status of a Residential building paying commercial Tax, If I take the property on lease what are the consequences???
Bobby Mani T (Lawyer) 04 August 2010
I am not practicing at chennai but even if the building is residential where as it is paying tax at the rate of commercial buildings, you can conduct commercial activities in the building. This is my opinion, you may consult a lawyer at Chennai for further clarification.
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