https://www.taxtmi.com/highlights?id=54637 Income from other sources - accrual of income - ITAT held that sum received by the assessee pursuant to a Development Agreement had not accrued as income - on facts, the AO could not have held that this is on account of a windfall gain to be brought to tax under the head 'income from other sources'. - HC en-us Sat, 05 Sep 2020 22:40:07 +0530 Sat, 05 Sep 2020 22:40:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=54637 Income from other sources - accrual of income - ITAT held that sum received by the assessee pursuant to a Development Agreement had not accrued as income - on facts, the AO could not have held that this is on account of a windfall gain to be brought to tax under the head 'income from other sources'. - HC Highlights Income Tax Sat, 05 Sep 2020 22:40:07 +0530 https://www.taxtmi.com/highlights?id=54637