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Income Tax - Highlights / Catch Notes

Home Highlights July 2023 Year 2023 This

Difference in rate of booking price - sale / booking of flats - ...

Income Tax

July 18, 2023

Difference in rate of booking price - sale / booking of flats - different rates have been quoted/booked for the same area and the same project - On money paid by investor - Since, there is no iota of evidence that the assessee has received any extra money over and above the booking rate shown by the assessee in the books of account, addition in our opinion is based on surmises, conjectures and presumption. - AT

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