https://www.taxtmi.com/caselaws?id=340028 The Tribunal upheld the decision of the Commissioner of Income Tax (Appeals) to add Rs. 25,50,000 as undisclosed income due to discrepancies in the land transaction. The appellant's claim of ownership without financial contribution was contradicted by registered documents, leading to the dismissal of the appeal. The judgment emphasizes the importance of registered deeds in establishing property ownership and warns against making conflicting statements to different authorities for personal benefit. en-us Tue, 28 Feb 2017 00:00:00 +0530 Tue, 14 Mar 2017 09:51:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340028 The Tribunal upheld the decision of the Commissioner of Income Tax (Appeals) to add Rs. 25,50,000 as undisclosed income due to discrepancies in the land transaction. The appellant's claim of ownership without financial contribution was contradicted by registered documents, leading to the dismissal of the appeal. The judgment emphasizes the importance of registered deeds in establishing property ownership and warns against making conflicting statements to different authorities for personal benefit. Case-Laws Income Tax Tue, 28 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340028