https://www.taxtmi.com/highlights?id=48025 Addition under the head ‘income from house property - property not forming part of block of assets - property was purchased for the purpose of resale and lying vacant under head ‘inventory’ and meanwhile used for purpose of business then The FMV of the property used by appellant for business purpose admittedly cannot be determined u/s 23(1) - not taxable en-us Fri, 19 Jul 2019 08:23:49 +0530 Fri, 19 Jul 2019 08:23:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48025 Addition under the head ‘income from house property - property not forming part of block of assets - property was purchased for the purpose of resale and lying vacant under head ‘inventory’ and meanwhile used for purpose of business then The FMV of the property used by appellant for business purpose admittedly cannot be determined u/s 23(1) - not taxable Highlights Income Tax Fri, 19 Jul 2019 08:23:49 +0530 https://www.taxtmi.com/highlights?id=48025