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property. QUESTION 6 Classify the following cases of given properties & tell which ind as should be op these properties: Summarisation S.No. Property 1. 2. 3. 4. 5. 6. 7. 8. Owned by a Co and leased out under an Operating Lease Held Under Finance Lease and Leased out under an Operating Lease Held under Finance Lease and Leased out under Finance Lease Property acquired with a view for development and resale Property developed on behalf of 3rd party Property partly owner occupied and partly leased out under Operating Lease Land held for currently undetermined use Property occupied by Employees paying rent at less than market rate Does it meet definition of Investment Property AS Which Ind is Applicable
9. 10. Investment Property held for sale Existing Investment Property that is being redeveloped for continued use as Investment Property.
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