Addition u/s 69B - assessee purchased the land directly from ...

Case Laws Income Tax

May 24, 2019

Addition u/s 69B - assessee purchased the land directly from PISCO at the prevalent circle rate - the presumption of the AO could not lead to a conclusion of under investment by the assessee, liable for addition - The burden was on the department to prove understatement of sale consideration which was not discharged - no addition

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Addition u/s 69B - assessee purchased the land directly from ...

Case Laws Income Tax

May 24, 2019

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