12/05/2026
๐ ๐๐จ ๐ซ๐๐ง๐ญ๐๐ฅ ๐ข๐ง๐๐จ๐ฆ๐โฆ ๐๐จ ๐๐๐ฉ๐ข๐ญ๐๐ฅ ๐ ๐๐ข๐ง... ๐๐ฎ๐ญ ๐ฌ๐ญ๐ข๐ฅ๐ฅ ๐ญ๐๐ฑ๐๐?
This was one of the biggest concerns many property owners and investors had regarding ๐๐๐๐ญ๐ข๐จ๐ง 7๐.
Now, the ๐
๐๐๐๐ซ๐๐ฅ ๐๐จ๐ง๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐จ๐ฎ๐ซ๐ญ has declared ๐๐๐๐ญ๐ข๐จ๐ง 7๐ ๐ฎ๐ง๐๐จ๐ง๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐ข๐จ๐ง๐๐ฅ โ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ข๐ง๐ ๐ฆ๐๐ฃ๐จ๐ซ ๐ซ๐๐ฅ๐ข๐๐ ๐ญ๐จ ๐ฆ๐๐ง๐ฒ ๐ฉ๐ซ๐จ๐ฉ๐๐ซ๐ญ๐ฒ ๐จ๐ฐ๐ง๐๐ซ๐ฌ ๐๐ง๐ ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐จ๐ซ๐ฌ.
Under Section 7E, tax was being imposed on certain immovable properties based on โdeemed income,โ even where no actual rental income was received.
According to the courtโs decision:
โ ๐๐๐๐ญ๐ข๐จ๐ง 7๐ ๐ก๐๐ฌ ๐๐๐๐ง ๐๐๐๐ฅ๐๐ซ๐๐ ๐ฎ๐ง๐๐จ๐ง๐ฌ๐ญ๐ข๐ญ๐ฎ๐ญ๐ข๐จ๐ง๐๐ฅ
โ ๐๐๐ฅ๐๐ญ๐๐ ๐ฉ๐ซ๐จ๐๐๐๐๐ข๐ง๐ ๐ฌ ๐ก๐๐ฏ๐ ๐๐ฅ๐ฌ๐จ ๐๐๐๐ง ๐๐๐๐ฅ๐๐ซ๐๐ ๐ฎ๐ง๐ฅ๐๐ฐ๐๐ฎ๐ฅ
โ ๐๐๐ซ๐ ๐จ๐ฐ๐ง๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐จ๐ ๐ฉ๐ซ๐จ๐ฉ๐๐ซ๐ญ๐ฒ ๐๐๐ง๐ง๐จ๐ญ ๐๐ ๐ญ๐ซ๐๐๐ญ๐๐ ๐๐ฌ ๐ญ๐๐ฑ๐๐๐ฅ๐ ๐ข๐ง๐๐จ๐ฆ๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐ฆ๐๐ง๐ง๐๐ซ
This development is especially important for:
โข ๐๐ซ๐จ๐ฉ๐๐ซ๐ญ๐ฒ ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐จ๐ซ๐ฌ
โข ๐๐ฅ๐จ๐ญ ๐ก๐จ๐ฅ๐๐๐ซ๐ฌ
โข ๐๐๐๐ฅ ๐๐ฌ๐ญ๐๐ญ๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ๐๐ฌ
โข ๐๐ฎ๐ข๐ฅ๐๐๐ซ๐ฌ & ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐๐ซ๐ฌ
๐ฉ Feel free to reach out for guidance regarding tax and compliance matters.
๐ ๐๐ก๐๐ญ๐ฌ๐๐ฉ๐ฉ: 0316-4420070