https://www.taxtmi.com/highlights?id=46739 Addition u/s 69B - assessee purchased the land directly from PISCO at the prevalent circle rate - the presumption of the AO could not lead to a conclusion of under investment by the assessee, liable for addition - The burden was on the department to prove understatement of sale consideration which was not discharged - no addition en-us Fri, 24 May 2019 12:08:03 +0530 Fri, 24 May 2019 12:08:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46739 Addition u/s 69B - assessee purchased the land directly from PISCO at the prevalent circle rate - the presumption of the AO could not lead to a conclusion of under investment by the assessee, liable for addition - The burden was on the department to prove understatement of sale consideration which was not discharged - no addition Highlights Income Tax Fri, 24 May 2019 12:08:03 +0530 https://www.taxtmi.com/highlights?id=46739