[aaykarbhavan] HC upheld additions for unexplained sum as buyer confirmed payment of higher sum for purchase of property

HC upheld additions for unexplained sum as buyer confirmed payment of higher sum for purchase of property

June 14, 2014[2014] 45 taxmann.com 380 (Kerala)

IT : Where search unearthed that assessee had offered less sale consideration and buyer had also confirmed said fact, difference be treated as undisclosed income of assessee

 

Regards

Prarthana Jalan

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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>

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