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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Undisclosed receipt on sale of flats/space - Sale of flats of VT ...

Income Tax

February 27, 2016

Undisclosed receipt on sale of flats/space - Sale of flats of VT [Vatika Triangle] - The burden shifted to the Revenue to show, on the basis of some reliable and tangible material, how the rate at which the flats on the second and third floors of VT was higher than that indicated in the sales register or the sale deeds themselves. - HC

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