TMI BlogUnexplained cash deposits - Our aforesaid conviction that the lower authorities before rejecting the...Unexplained cash deposits - Our aforesaid conviction that the lower authorities before rejecting the assessee’s claim of having received the sale consideration prior to the execution of the respective sale deeds ought to have carried out necessary verifications from the purchasers is all the more strengthened by the fact that the CIT(A) had himself admitted that the sale deeds did make a mention about the money being given in advance - Additions deleted - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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