Section 25: Amendment of section 46
Section 46 of the Principal Act is amended by substituting for the definition of “building”, a new definition of “building” -
“building” means any structure permanently affixed to land for all or most of the useful life of that structure and shall include, without limiting the generality of the foregoing, a house, garage, dwelling apartment, hospital and institutional building, factory, warehouse, theatre, cinema, store, mill building and similarly fixed structure affording protection and shelter, but excludes any fixtures or structures that can easily be removed from such land, such as radio and television masts, transmission lines, cell towers, vehicles, mobile homes, caravans and trailers.
Cite this section
Section 25, FINANCE ACT, 2023 (2023).
https://repo.podus.ai/laws/finance-act-2023/section/25/