Home / 
Court Rules Against Tax on Hypothetical Income from Unsold Property Units Held as Stock in Trade.
X X X X Extracts X X X X
X X X X Extracts X X X X
....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.....
TaxTMI
TaxTMI