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Income Tax - Highlights / Catch Notes

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Difference between amount shown in agreement to sale and sale ...


Discrepancies in Sale Agreements vs. Deeds: Section 69 Addition Requires Proof of Payment and Execution Validity.

August 12, 2013

Case Laws     Income Tax     AT

Difference between amount shown in agreement to sale and sale deed - Addition u/s 69 - Even if it is assumed to be so, unless it is proved that the agreement was acted upon and unless the amount stated in the agreement was paid for the sale one cannot come to the conclusion that the price mentioned in the sale deed is not correct - AT

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