Held, that the addition is not sustainable on account of deemed rent on unsold flats which were treated as stock-in-trade by the assessee.(AY.2015-16)
Cosmopolis Constructions v. ACIT (2023)103 ITR 543 (Pune) (Trb)
S. 22 : Income from house property-Business income-Stock in trade-Deemed rent on unsold flats-Addition is not justified.[S.28(i)]