https://www.taxtmi.com/caselaws?id=783203 ITAT Patna dismissed the Revenue's appeal and upheld the CIT(A)'s order in full. On closing stock under the Percentage Completion Method, it affirmed the finding that there was no dispute on completion stage, salable/booked area or construction cost, and that the AO's turnover computation contained an error; the deletion of the resulting addition was sustained. Regarding addition u/s 43CA on sale of plots/flats, ITAT approved CIT(A)'s reliance on additional evidence and held that stamp duty value must relate to the year of agreement to sell, not execution of sale deed, thereby sustaining deletion. Interest on service tax and TDS was held compensatory, hence an allowable deduction. en-us Tue, 09 Dec 2025 00:00:00 +0530 Wed, 10 Dec 2025 14:43:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783203 ITAT Patna dismissed the Revenue's appeal and upheld the CIT(A)'s order in full. On closing stock under the Percentage Completion Method, it affirmed the finding that there was no dispute on completion stage, salable/booked area or construction cost, and that the AO's turnover computation contained an error; the deletion of the resulting addition was sustained. Regarding addition u/s 43CA on sale of plots/flats, ITAT approved CIT(A)'s reliance on additional evidence and held that stamp duty value must relate to the year of agreement to sell, not execution of sale deed, thereby sustaining deletion. Interest on service tax and TDS was held compensatory, hence an allowable deduction. Case-Laws Income Tax Tue, 09 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783203