Sonu Nigam’s plea of adding flat in block of asset rejected as income therefrom was taxable as house property

IT: Commissioner (Appeals) rightly confirmed addition of Short Term Capital Gain on sale of premises of assessee in Amarnath Tower as block of asset ceases to exit. Other Property of assessee was self occupied property, hence, it could not enter into block of depreciable asset. Further, plea to add purchase of new flat into block of assets can't be accepted as income from same was taxable as house property income

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