https://www.taxtmi.com/highlights?id=70076 Addition of On-money receipts - addition based on the documents impounded during the survey proceedings - The ld CIT(A) concluded that the documents are dumb documents so far as assessee is concern. - CIT(A) categorically held that assessee sold the unit / shops to Mahotsav group about 28% higher that the prevailing jantri rate and there is no concrete evidence against the assessee either on writing or oral which establish that the assessee received alleged on money. - The order of CIT (A), deleting the additions confirmed - AT en-us Thu, 01 Jun 2023 08:07:06 +0530 Thu, 01 Jun 2023 08:07:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=70076 Addition of On-money receipts - addition based on the documents impounded during the survey proceedings - The ld CIT(A) concluded that the documents are dumb documents so far as assessee is concern. - CIT(A) categorically held that assessee sold the unit / shops to Mahotsav group about 28% higher that the prevailing jantri rate and there is no concrete evidence against the assessee either on writing or oral which establish that the assessee received alleged on money. - The order of CIT (A), deleting the additions confirmed - AT Highlights Income Tax Thu, 01 Jun 2023 08:07:06 +0530 https://www.taxtmi.com/highlights?id=70076