Section (ea)(i) Provides that any land or building appurtenant thereto, whether used for:-
residential purpose, commercial purpose, for maintaining guest house, otherwise
is an asset.
Further Sec 2(ea)(v) provides that urban land is an asset.However it does not include land occupied by any building which has been constructed wirh the approval of appropriate authority
What would be the position of the land?
1. If the building has been constructed with the approval of appropriate authority?
2.If the building has been constructed without the approval of appropriate authority?
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