https://www.taxtmi.com/highlights?id=54270 Unexplained deposits - Genuineness of earnest money received against sale of agriculture land - Time lag of 11 months for getting the sale deed registered after the date of agreement to sale - What is normal for a person today may vary from what is contemplated to be normal in another day and time. So for the tax authorities to conclude that three months’ time lag was a normal time, no facts or reasoning has been brought on record. - AT en-us Thu, 06 Aug 2020 07:48:03 +0530 Thu, 06 Aug 2020 07:48:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=54270 Unexplained deposits - Genuineness of earnest money received against sale of agriculture land - Time lag of 11 months for getting the sale deed registered after the date of agreement to sale - What is normal for a person today may vary from what is contemplated to be normal in another day and time. So for the tax authorities to conclude that three months’ time lag was a normal time, no facts or reasoning has been brought on record. - AT Highlights Income Tax Thu, 06 Aug 2020 07:48:03 +0530 https://www.taxtmi.com/highlights?id=54270