Taxability of Sale Consideration accruing in multiple Years on sale of plot as per development agreement

Shilpa Vitthal Jadhav Vs ITO (ITAT Pune)

AO considered sale of plot as per development agreement of Rs.50,00,000/- as the share of assessee but, I find no reference whatsoever regarding the exact share of assessee pointing out in the said development agreement. The contention of ld. AR is that the AO considered the said amount on notional basis without pointing any terms and conditions of the said development agreement. It is also true to the effect that the ld. AR reported his inability to furnish the said development agree

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