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Taxing Unsold Flats In Real Estate Business Applicable From AY 2018-19; ITAT Deletes Notional Rent Addition For AY 2014-15

Taxing Unsold Flats In Real Estate Business Applicable From AY 2018-19; ITAT Deletes Notional Rent Addition For AY 2014-15
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Himanshus Sinha , Sunil Kumar Singh , Narendra Kumar Billaiya , Mumbai Bench , Income Tax Appellate Tribunal , Judicial Member , Accountant Member , Finance Act , Sahar Road , Assessing Officer , Kaledonia Project , For Appellant ,

Meagre Control Over Companies Transacting In Penny Stock Is No Basis To Question Source Of Source Of Income: Delhi ITAT

On not finding any substance in the conclusion of AO that the source of source of income is tainted, the Delhi ITAT confirms the deletion of addition made u/s 68 of Income Tax Act.The Bench comprising. ....

Narendra Kumar Billaiya , Counsel For Appellant Department , Income Tax , Anubhav Sharma , Judicial Member , Accountant Member , Limited Scrutiny , Delhi Itat , Eletion Of Addition , Ection 68 Of Income Tax Act ,