https://www.taxtmi.com/caselaws?id=773284 An addition under section 69A was held unsustainable where the assessee proved receipt of the full sale consideration through banking channels and established the buyer's identity, the genuineness of the transaction, and the source of funds. The difference between the registered sale value and the actual consideration was attributed to the purchaser's decision to register the deed at the circle rate. In the absence of material showing that the stated consideration exceeded the amount received or represented unaccounted income, the initial burden was treated as discharged and the addition was deleted. en-us Thu, 12 Jun 2025 00:00:00 +0530 Fri, 20 Jun 2025 08:34:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773284 An addition under section 69A was held unsustainable where the assessee proved receipt of the full sale consideration through banking channels and established the buyer's identity, the genuineness of the transaction, and the source of funds. The difference between the registered sale value and the actual consideration was attributed to the purchaser's decision to register the deed at the circle rate. In the absence of material showing that the stated consideration exceeded the amount received or represented unaccounted income, the initial burden was treated as discharged and the addition was deleted. Case-Laws Income Tax Thu, 12 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773284