Court Rules Against Tax on Hypothetical Income from Unsold Property Units Held as Stock in Trade. https://www.taxtmi.com/highlights?id=44803 Income from house property - annual letting value (ALV) of the unsold units of properties lying as stock in trade - taxing hypothetical income - there is no rationale in charging it to tax. - additions to be deleted. en-us Thu, 28 Feb 2019 16:08:01 +0530 Thu, 28 Feb 2019 16:08:01 +0530 TaxTMI RSS Generator Court Rules Against Tax on Hypothetical Income from Unsold Property Units Held as Stock in Trade. https://www.taxtmi.com/highlights?id=44803 Income from house property - annual letting value (ALV) of the unsold units of properties lying as stock in trade - taxing hypothetical income - there is no rationale in charging it to tax. - additions to be deleted. Highlights Income Tax Thu, 28 Feb 2019 16:08:01 +0530 https://www.taxtmi.com/highlights?id=44803