https://www.taxtmi.com/highlights?id=38154 Deemed rental income - the unsold flats which are stock in trade when they were sold they are assessable under the head ‘income from business’ when they are sold and therefore the AO is not correct in bringing to tax notional annual letting value in respect of those unsold flats under the head ‘income from house property’. - AT en-us Wed, 28 Feb 2018 06:31:38 +0530 Wed, 28 Feb 2018 06:31:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=38154 Deemed rental income - the unsold flats which are stock in trade when they were sold they are assessable under the head ‘income from business’ when they are sold and therefore the AO is not correct in bringing to tax notional annual letting value in respect of those unsold flats under the head ‘income from house property’. - AT Highlights Income Tax Wed, 28 Feb 2018 06:31:38 +0530 https://www.taxtmi.com/highlights?id=38154