Additions on Alleged On-Money Deleted; Sale Consideration Matched Sale Agreement and Books of Accounts. No Further Investigation.

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....Addition on account of alleged on-money - Applicability of section 50C - The assessee has duly discharged the onus of proving that the sale consideration as actually received by the assessee was reflected in the sale agreement as well as in the books of accounts. It is also evident that no further investigations have been carried out by lower authorities to rebut the documents of the assessee and bring on record any contrary evidence to prove transfer of excess sale consideration to the assessee, in any manner. - Additions deleted - AT....