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![On-Money received on Sale of Property @ 50% Booked Price is on A “Palpably Very High Side”: ITAT grants Partial Relief to Builder [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Sale-of-Property-Booked-Price-ITAT-Builder-On-Money-Income-Tax-Tax-taxscan.jpg "On-Money received on Sale of Property @ 50% Booked Price is on A “Palpably Very High Side”: ITAT grants Partial Relief to Builder [Read Order]")
On-Money received on Sale of Property @ 50% Booked Price is on A “Palpably Very High Side”: ITAT grants Partial Relief to Builder [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) has granted relief to the builder observing that the on-money received on sale of...
![No Documentary Evidence found in respect of On-Money Receipt: ITAT deletes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Documentary-Evidence-On-Money-Receipt-ITAT-Income-Tax-Addition-taxscan.jpeg "No Documentary Evidence found in respect of On-Money Receipt: ITAT deletes Income Tax Addition [Read Order]")
![Addition for On-Money Received towards Sale of Flats must be determined based on Evidence found during Search: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Flat-Taxscan.jpg "Addition for On-Money Received towards Sale of Flats must be determined based on Evidence found during Search: ITAT [Read Order]")
![No Addition without any Corroborative Evidence indicating Payment of On–Money: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/On�Money-Taxscan.jpg "No Addition without any Corroborative Evidence indicating Payment of On–Money: ITAT [Read Order]")
![ITAT Confirms Addition in respect of Unexplained Cash Credit since Assessee paid ‘On Money’ for Purchase of Property [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Unexplained-Cash-Credit.jpg "ITAT Confirms Addition in respect of Unexplained Cash Credit since Assessee paid ‘On Money’ for Purchase of Property [Read Order]")
On-Money/Unaccounted Money Received on Account of Sale of Agricultural Land is not Taxable: ITAT Cochin [Read Order]
ITAT says “Payment of on-money is an unfortunate practice and none can deny this factual situation” – therefore, contention of the assessee cannot be totally brushed aside. In ITO v. Abraham...
![On-Money/Unaccounted Money Received on Account of Sale of Agricultural Land is not Taxable: ITAT Cochin [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Agricultural-Land.jpg "On-Money/Unaccounted Money Received on Account of Sale of Agricultural Land is not Taxable: ITAT Cochin [Read Order]")