Held that it was highly improbable in this line of business to make profits up to the extent of 50 per cent. or more of the turnover on sale of small sized properties. Therefore, making addition of the entire on-money received by the assessee was not justified. Directed the A.O.  to restrict the addition by estimating gross profit on the on-money receipts, at the higher of the rate in this line of business or as agreed to by the assessee before us at 15 per cent. thereof. The Tribunal clarified that this decision having been rendered in the peculiar facts and circumstances of the case was not to be treated as precedent in any other case. (AY. 2013-14, 2015-16, 2016-17)