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2022 (3) TMI 564 - ITAT AHMEDABADUnaccounted sale consideration - undisclosed income - assessee could not able to prove receipt of ₹ 2,44,166/- by the sellers during the ex-parte assessment proceedings, as well as before the appellate proceedings before the Ld. CIT(A) even after lapse of four years from the date of sale registration - HELD THAT:- Addition to the extent of ₹ 2,44,166/- which has not been shown as receipt by one of the sellers i.e. father of the assessee herein. The assessee has neither proved with supporting evidence about the receipt of outstanding sale proceeds by the seller, nor able to show whether the same was taxed in the hands of persons involved in the transaction. Thus, the assessee has not discharged his onus before the Income-tax authorities or before us. This factual aspect was verified by the Ld. CIT(A), which does not call for our intervention, and therefore, ground No. 1 of the appeal is rejected.
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