https://www.taxtmi.com/caselaws?id=283683 The Tribunal held that the notional rental value of unsold flats held as stock-in-trade should not be taxed as income from house property. The AO was directed to delete the addition of Rs. 23,71,200 towards annual letting value of the unsold flats. As a result, the appeal of the assessee was allowed, and the statutory deduction issue became irrelevant. The order was pronounced on 13/03/2019. en-us Wed, 13 Mar 2019 00:00:00 +0530 Sun, 06 Oct 2019 11:16:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283683 The Tribunal held that the notional rental value of unsold flats held as stock-in-trade should not be taxed as income from house property. The AO was directed to delete the addition of Rs. 23,71,200 towards annual letting value of the unsold flats. As a result, the appeal of the assessee was allowed, and the statutory deduction issue became irrelevant. The order was pronounced on 13/03/2019. Case-Laws Income Tax Wed, 13 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283683