https://www.taxtmi.com/highlights?id=56259 Taxability of on-money declared by the Assessee in its return of income - Not in dispute that the on-money is nothing but part of sale consideration of the flats and parking were sold by the assessee. When once it is part of sale consideration only 10% of such on money is liable to be taxed in this assessment year as per consistent method of accounting followed by the assesse. - AT en-us Mon, 11 Jan 2021 08:06:17 +0530 Mon, 11 Jan 2021 08:06:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56259 Taxability of on-money declared by the Assessee in its return of income - Not in dispute that the on-money is nothing but part of sale consideration of the flats and parking were sold by the assessee. When once it is part of sale consideration only 10% of such on money is liable to be taxed in this assessment year as per consistent method of accounting followed by the assesse. - AT Highlights Income Tax Mon, 11 Jan 2021 08:06:17 +0530 https://www.taxtmi.com/highlights?id=56259