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Income Tax - Highlights / Catch Notes

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Undisclosed sale consideration against the sale of property - ...

Income Tax

August 22, 2022

Undisclosed sale consideration against the sale of property - The draft sale deed - The admission made by the buyer of the property before the Settlement Commission does not establish the fact that the assessee has received unaccounted consideration. Thus, we are not convinced with the findings of the authority below - AT

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