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![If Booking of Flat to be Constructed in future is treated as Transfer, Notional Value of the Same shall be allowable as Capital Gain Exemption: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Transfer-Notional-Value-Capital-Gain-Exemption-ITAT-taxscan.jpg "If Booking of Flat to be Constructed in future is treated as Transfer, Notional Value of the Same shall be allowable as Capital Gain Exemption: ITAT [Read Order]")
If Booking of Flat to be Constructed in future is treated as 'Transfer', Notional Value of the Same shall be allowable as Capital Gain Exemption: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that if the booking of a flat which is to be constructed in a future time is...
![Notional Value of Building under Construction cannot be taken for Determining House Property Income: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Notional-Value-Taxscan.jpg "Notional Value of Building under Construction cannot be taken for Determining House Property Income: Calcutta HC [Read Order]")