13 August 2014
my company engaged in real estate activity during AY 2012-13. my company have a building which is shown as a stock in trade in final accounts for AY 2012-13 and rental income received from the said building is shown as income from house property in ITR for AY 2012-13.Proceeding of company for AY 2012-13 is in process u/s 142(1). income tax department raise the same issue by serving another notice u/s 142(1). Please provide me suggestion
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