Income from unsold flats shall be treated as business income

FCS Deepak Pratap Singh , Last updated: 10 March 2022 Share Follow on Google News

Unique Estates Development Co. Ltd Vs. DCIT (Income Tax Appellate Tribunal, Mumbai) ITA No. 4598/Mum/2019 | 22-03-2021 SUB: INCOME FROM UNSOLD FLATS SHALL BE TREATED AS BUSINESS INCOME OF THE DEVELOPER AND NO INCOME FROM HOUSE PROPERTY ON THE BASIS OF ANNUAL LETTING VALUE OR NOTIONAL VALUE OF R

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About the Author

FCS Deepak Pratap Singh

Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.)

Dear Friends, Myself FCS Deepak P. Singh ( B.Sc.. LLB, FCS. FIII, CIAFP, CRMP) , A Fellow Member of ICSI, Law Graduate ,Fellow Member of Insurance Institute of India, Certified Insurance Anti Fraud Professional , Certified Risk Governance Professional ( ICSI-III) and cleared Limited Insolvency Examination ( IBBI) wo ... Read more

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