https://www.taxtmi.com/caselaws?id=255858 Capital gains from the developer agreement were held not taxable in assessment year 1999-2000 where possession was not handed over in that year and the consideration was offered to tax only in later years when entitlement certificates were issued. The Revenue's attempt to tax the receipt in 1999-2000 was also rejected because identical receipts in similarly placed cases had already been accepted by the Department in subsequent years, and that factual position was not controverted. The principle of consistency and uniform treatment of similarly placed assessees was applied, and the addition for assessment year 1999-2000 was directed to be deleted. en-us Tue, 30 Dec 2014 00:00:00 +0530 Thu, 29 Jan 2015 06:31:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255858 Capital gains from the developer agreement were held not taxable in assessment year 1999-2000 where possession was not handed over in that year and the consideration was offered to tax only in later years when entitlement certificates were issued. The Revenue's attempt to tax the receipt in 1999-2000 was also rejected because identical receipts in similarly placed cases had already been accepted by the Department in subsequent years, and that factual position was not controverted. The principle of consistency and uniform treatment of similarly placed assessees was applied, and the addition for assessment year 1999-2000 was directed to be deleted. Case-Laws Income Tax Tue, 30 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255858