Addition on account of estimation of net taxable profit earned on the total 'on money' - difference in...

Addition on account of estimation of net taxable profit earned on the total 'on money' - difference in the sale price - The statement of purchaser cannot alone prove that they were having any agreement with the assessee regarding any payment made outside books of accounts. The contention of assessee that both the buyers paid extra money for extra work agreement is also proved by proof of disbursal of bank loans as well as by extra work agreements. - The adoption of huge 'on money' without iota of evidence is not justified - AT .....

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