{"id":3577,"date":"2019-01-05T05:29:37","date_gmt":"2019-01-05T05:29:37","guid":{"rendered":"http:\/\/itatonline.org\/digest\/aarti-sanjay-kadam-mrs-v-ito-2018-172-itd-362-mum-trib\/"},"modified":"2019-01-05T05:29:37","modified_gmt":"2019-01-05T05:29:37","slug":"aarti-sanjay-kadam-mrs-v-ito-2018-172-itd-362-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/aarti-sanjay-kadam-mrs-v-ito-2018-172-itd-362-mum-trib\/","title":{"rendered":"Aarti Sanjay Kadam (Mrs.) v. ITO  (2018) 172 ITD 362 (Mum.)   (Trib.)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Tribunal held that ;As per terms of development agreement\u00a0 with builder\u00a0 the assessee would not be paid any monetary consideration but would receive built-up residential area on completion of project. Capital gains cannot be\u00a0 taxed on accrual basis in the year of agreement. (AY. 2014-15)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 45 : Capital gains-transfer Accrual-Development agreement-As per terms of development agreement  with builder  the assessee would not be paid any monetary consideration but would receive built-up residential area on completion of project-Capital gains cannot be  taxed on accrual basis in the year of agreement. [S. 2(47)(v),  48]<\/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":[1],"tags":[],"class_list":["post-3577","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-VH","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3577","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=3577"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/3577\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=3577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=3577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=3577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}