Accountancy, asked by Kanthabasavaraj9141, 1 year ago

Difference between movable and immovable property in banking

Answers

Answered by smmeraj8456
1
As per Section 3(26) of the General Clauses Act 1897, "immovable property" "shall include land, benefits to arise out of land and things attached to the earth, or permanently fastened to anything attached to the earth". ... The abovedefinition, implies that building isincluded in the definition of immovable property.
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