No Addition shall be imposed on Assessee when AO has failed to consider payment made towards Amenities included in Basic Cost of flat: ITAT [Read Order]

By Sunayana Dhal - On September 6, 2023 7:00 am - 2 mins read
No Addition shall be imposed on Assessee - payment made towards Amenities - Cost of flat - ITAT -payment -Amenities - taxscan

The Surat bench of the Income Tax Appellate Tribunal (ITAT) held that no addition shall be imposed on the assessee when the Assessing Officer has failed to consider the payment made towards the amenities included in the basic cost of the flat. The assessee is a firm, engaged in the business of buying and selling…

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