https://www.taxtmi.com/highlights?id=47117 Unexplained investment u/s 69 - cashless transaction - the land owners, power of attorney holders and the assessee firm are all inter related - four immovable properties registered without payment and sale consideration is paid in the subsequent years - transfer u/s 2(47) should be construed to have taken place at the most when part consideration is paid coupled with handing over possession of the land - no addition in current year en-us Wed, 12 Jun 2019 06:49:23 +0530 Wed, 12 Jun 2019 06:49:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=47117 Unexplained investment u/s 69 - cashless transaction - the land owners, power of attorney holders and the assessee firm are all inter related - four immovable properties registered without payment and sale consideration is paid in the subsequent years - transfer u/s 2(47) should be construed to have taken place at the most when part consideration is paid coupled with handing over possession of the land - no addition in current year Highlights Income Tax Wed, 12 Jun 2019 06:49:23 +0530 https://www.taxtmi.com/highlights?id=47117