Undisclosed sale consideration against the sale of property -...
Property Sale Case Lacks Evidence for Undisclosed Income; Lower Authority's Findings Not Persuasive, Says Settlement Commission.
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Income TaxAugust 22, 2022Case LawsAT
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