Difference in rate of booking price - sale / booking of flats - ...
Court Rules on Discrepancies in Flat Booking Prices; No Evidence of Extra Payments Beyond Recorded Rates Found.
July 18, 2023
Case Laws Income Tax AT
Difference in rate of booking price - sale / booking of flats - different rates have been quoted/booked for the same area and the same project - On money paid by investor - Since, there is no iota of evidence that the assessee has received any extra money over and above the booking rate shown by the assessee in the books of account, addition in our opinion is based on surmises, conjectures and presumption. - AT
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