Wednesday 19 June 2013

Harsh Judgement For Builders:- Annual Value of the Unsold Flats Held as Stock in Trade.

Annual Value of the Unsold Flats Held as Stock in Trade.:-

It was held that the annual value of the unsold flats held as stock in trade is chargeable under the head Income From House Property.

CIT vs. Ansal Housing Finance & Leasing Co. Ltd. 213 Taxman 143 (Delhi.)

No comments:

Post a Comment