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![ITAT Upholds Tax on Unsold Inventory as ‘Income from House Property,’ Directs Recalculation of ALV Based on Market Rates [Read Order]](https://autove.my.id/wp-content/uploads/2025/06/2053072-itat-itat-mumbai-income-from-house-property-business-assets-taxscan-300x158.jpg "ITAT Upholds Tax on Unsold Inventory as ‘Income from House Property,’ Directs Recalculation of ALV Based on Market Rates [Read Order]")
ITAT Upholds Tax on Unsold Inventory as ‘Income from House Property,’ Directs Recalculation of ALV Based on Market Rates [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the taxability of unsold flats held as stock-in-trade...