https://www.taxtmi.com/highlights?id=56824 Validity of the reopening of the assessment - Merely because some unrelated party in her statement has stated that the assessee and his wife have paid consideration over and above the transaction value would not justify the reopening and the impugned addition, firstly because the said statement was recorded behind the back of the assessee for which no opportunity of cross examination was given and secondly, there is no evidence brought on record to show that the actual sale consideration was much higher than that mentioned in the sale deed. - AT en-us Sat, 20 Feb 2021 16:50:02 +0530 Sat, 20 Feb 2021 16:50:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56824 Validity of the reopening of the assessment - Merely because some unrelated party in her statement has stated that the assessee and his wife have paid consideration over and above the transaction value would not justify the reopening and the impugned addition, firstly because the said statement was recorded behind the back of the assessee for which no opportunity of cross examination was given and secondly, there is no evidence brought on record to show that the actual sale consideration was much higher than that mentioned in the sale deed. - AT Highlights Income Tax Sat, 20 Feb 2021 16:50:02 +0530 https://www.taxtmi.com/highlights?id=56824