https://www.taxtmi.com/circulars?id=54372 Approval by the Board of Approval for lease terms, down payments, premiums or other receipts from co-developers does not affect their tax treatment; the Assessing Officer may examine and determine the taxability of such amounts under the Income Tax Act notwithstanding any BoA approval. en-us Thu, 16 Jul 2009 00:00:00 +0530 Mon, 28 Mar 2016 10:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=54372 Approval by the Board of Approval for lease terms, down payments, premiums or other receipts from co-developers does not affect their tax treatment; the Assessing Officer may examine and determine the taxability of such amounts under the Income Tax Act notwithstanding any BoA approval. Circulars SEZ Thu, 16 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=54372