2018 (12) TMI 1875

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..... as stock in trade. In reaching this conclusion, the Tribunal relied on certain other judgments and the orders. In the absence of any distinguishing fact, having been brought to my notice by the ld. DR and respectfully following the precedent, we overturn the impugned order on this score and direct to delete the addition. - Decided in favour of assessee. - ITA No. 475/PUN/2018 - - - Dated:- 4-12- .....

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..... er also called `the Act), computed the income under the head `Income from house property at ₹ 1,68,000/- at the rate of ₹ 4,000/- per month per flat. No relief was allowed in the first appeal. 4. Having heard both the sides and gone through the relevant material on record, it is seen that similar issue came up for consideration before the Pune Bench of the Tribunal in M/s. Cosmopol .....

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