Income from unsold flats shall be treated as business income

INCOME FROM UNSOLD FLATS SHALL BE TREATED AS BUSINESS INCOME OF THE DEVELOPER AND NO INCOME FROM HOUSE PROPERTY ON THE BASIS OF ANNUAL LETTING VALUE OR NOTIONAL VALUE OF RENT.

source https://www.caclubindia.com/articles/income-from-unsold-flats-shall-be-treated-as-business-income-46869.asp

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