Unexplained income - Difference in amount between sale agreement ...
Discrepancies Between Sale Agreement and Deed May Reveal Unexplained Income in Tax Assessments.
May 19, 2012
Case Laws Income Tax AT
Unexplained income - Difference in amount between sale agreement and sale deed - It is not necessary that the price stated in the agreement will be the price shown in the sale deed. Sometimes, it my be higher and sometimes it may be lower. Sometimes, intentionally a lesser value may be shown in the sale deed.
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