https://www.taxtmi.com/caselaws?id=413629 Reassessment was upheld because sanction under section 151 was based on the Assessing Officer's recorded reasons, and separate de hors satisfaction by the approving authority was not required; the challenge that approval was mechanical failed. The addition as unexplained money under section 69A was also sustained because the assessee could not prove that cash deposits came from agricultural land sale proceeds, the registered sale deed showed a lower consideration, and purchasers' statements supported the deed. The Tribunal accepted that a registered document cannot be contradicted by contrary oral evidence and that the burden remained on the assessee for facts within his knowledge. en-us Wed, 13 Oct 2021 00:00:00 +0530 Sat, 16 Oct 2021 09:07:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413629 Reassessment was upheld because sanction under section 151 was based on the Assessing Officer's recorded reasons, and separate de hors satisfaction by the approving authority was not required; the challenge that approval was mechanical failed. The addition as unexplained money under section 69A was also sustained because the assessee could not prove that cash deposits came from agricultural land sale proceeds, the registered sale deed showed a lower consideration, and purchasers' statements supported the deed. The Tribunal accepted that a registered document cannot be contradicted by contrary oral evidence and that the burden remained on the assessee for facts within his knowledge. Case-Laws Income Tax Wed, 13 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413629