No Income Tax on Deemed Rent on Unsold Flats held by Builder: ITAT [Read Order]

Income Tax - Tax - Deemed Rent - Builder - ITAT - taxscan

The Pune Bench of Income Tax Appellate Tribunal ( ITAT ) has held that no income tax shall be levied on unsold flats held by a builder. The Assessee, Cosmopolis Constructions has filed the appeal as to whether Commissioner of Income Tax Appeals CIT(A) was justified in confirming the addition made by the AO on…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
Ā  ā‚¹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here
taxscan-loader