Builders

MY CLIENT IS AN BUILDER .HE IS MAKING SALE DEED IN JAN 2014 ALONG WITH CONSTRUCTION AGREEMENT OF 15 MONTHS TO CONSTRUCT A FLAT AND HE IS COLLECTING SALE CONSIDERATION BEFORE CONSTRUCTION OF FLAT.

AND MY CLIENT FILE IS TAX AUDIT FILE .THE CONSTRUCTION WILL BE STARTED IN FEBRUARY 2014 AND WE WILL PURCHASE MATERIALS FOR CONSTRUCTION OF FLAT.AND MY QUESTION IS THE SALE CONSIDERATION BEFORE CONSTRUCTION OF FLAT IS A SALE OR ADVANCE AS THE MATERIAL PURCHASE WILL BE SHOWN AS EXPENDITURE AS WORK IN PROGRESS WHEN WE TREAT THE SALE CONSIDERATION AS ADVANCE.IS IT RIGHT