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Praveen Kumar K (Querist)
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12 September 2013 1.S.No 12 of 26/2012, provides abatement of 75% to residential complexes, wherein the residential units are less than 2000sq ft

2.In a case where in a residential complex,

3 units are less than 2000 sq ft. & 2 units are > 2000 sq ft, can 75% abatement be claimed on those 3 units (OR) 70% abatement has to be claimed on all 5 units. Kindly Substantiate.

CA. RAVIKUMAR

CA. RAVIKUMAR (Expert)
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12 September 2013 Dear Praveen,
No.of units doesn't matter the only carpet area less than 2000 sq ft or value less than 1crore if any one condition satisfies then 75%abatement can be claimed