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Archive: 03 May 2019

Posts in 03 May 2019

Addition for deemed rent of unsold flats cannot be made to Builder

May 3, 2019 7707 Views 0 comment Print

M/s. Kolte Patil Developers Limited Vs DCIT (ITAT Pune) The issue in the present case is with respect to addition under the head ‘income from house property’ on the 32 unsold flats/shops by the assessee. It is an undisputed fact that assessee is in the business of Civil Engineers, Builders and Developers and had in […]

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