Security deposit on sale of property rightly added to income in absence of provision to return it back to buyer

IT: Where assessee claimed that consideration received from transfer of property under development agreement was only security deposit which was to be returned on completion of project and it did not offer it for tax, since there was no provision in agreement enabling buyer to refund any part of sale consideration and further buyer treated amount paid to assessee as stock-in-trade, addition on account of amount of sale consideration received by assessee was justified

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