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2021 (5) TMI 239 - AT - Income TaxIncome from house property - ALV - Computing deemed rental income in respect of certain unsold flats - Addition as notional deemed income from house property in respect of unsold units lying vacant held as stock-in-trade - HELD THAT:- These issues have duly been covered by the decision of the Hon’ble ITAT in case of M/s. Saranga Estate Pvt. Ltd. [2019 (3) TMI 1649 - ITAT MUMBAI] - we direct the AO to delete the addition made towards annual letting value in respect of stock-in-trade. Accordingly, grounds raised by assessee are allowed. In the result, appeal filed by the assessee is hereby allowed.
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