Rental income from letting out properties held as stock-in-trade is taxable as income from house property

Atma Ram Properties (P.) Ltd.* [2017] 86 taxmann.com 89 (Delhi) SEPTEMBER  21, 2017

 

Annual letting value of unsold flats to be assessed as ‘Income from house property’ even if they are held as stock

Ansal Housing Finance & Leasing Co. Ltd [2013] 29 taxmann.com 303 (Delhi) OCTOBER  31, 2012