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Income Tax - Highlights / Catch Notes

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

Income Tax

August 12, 2013

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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