{"id":29756,"date":"2022-09-11T18:30:40","date_gmt":"2022-09-11T13:00:40","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dbs-reality-v-acit-2022-bcaj-february-p-40-mum-trib\/"},"modified":"2022-09-11T18:30:40","modified_gmt":"2022-09-11T13:00:40","slug":"dbs-reality-v-acit-2022-bcaj-february-p-40-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dbs-reality-v-acit-2022-bcaj-february-p-40-mum-trib\/","title":{"rendered":"DBS Reality v.ACIT ( 2022) BCAJ- February -P. 40 ( Mum)( Trib)"},"content":{"rendered":"<p>Held that receipt from TDR is inextricably linked to the project\u00a0 , therefore cost of building has to be deducted against sale of\u00a0 TDR . TDR receipts cannot be considered\u00a0 in isolation , the assessee has the obligation under SRA agreement to complete SRA project Matter remanded. ( TS-1096 -ITAT -2021 (Mum)( AY. 2010-11, 2011-12) ( Dt. 24 -11 -2021 )<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S.145 :Method of accounting \u2013 Construction business &#8211;    Business income -Percent completion project \u2013 Cost of project  &#8211; Income from TDR- SRA project \u2013 TDR is inextricably linked to the project \u2013 Cost of building has to be deducted against sale of  TDR -Matter remanded [ S. 28(1)] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-29756","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-7JW","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/29756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=29756"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/29756\/revisions"}],"predecessor-version":[{"id":29757,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/29756\/revisions\/29757"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=29756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=29756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=29756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}