TMI BlogNo deemed rent addition under Income Tax Act Section 23(1)(a) for properties still under construction or not ready.Addition on account of notional rent u/s. 23(1)(a) - no addition on account of notional deemed rent u/s.23(1)(a) can be made, once the property itself was either in the stage of construction or was not ready for use. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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