2022 (7) TMI 1562

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....ing Counsel ORDER The petitioner has challenged the impugned assessment order dated 30.03.2022 for the Assessment Year 2015-16. Relevant portion of the impugned order reads as follows: "6. It is clear that the assessee, on the date of registration of the document has not aware of the alleged dispute. Therefore, in the purchase document, the seller has stated that the entire sale consideration ....

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....he balance amount of Rs. 2,40,00,000/- for which the assessee was not able to furnish source or documentary evidence, and hence the same is treated as unexplained investment of the assessee u/s 69 of the Income Tax Act, 1961 and added to the total income of the assessee. The assessment is completed as under: Returned Income Rs. 0/- Addition as discussed above Rs. 2,40,00,000/- Total assessed ....

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....pattu in O.S.No.158 of 2015 to declare the previous sale and settlement deed as null and void to ensure that the petitioner has a clear title over the said property and that the balance amount of Rs. 2,40,00,000/- was to be paid in case, the suit is decreed in favour of the plaintiff namely the petitioner and the seller in O.S.No.158 of 2015. It is submitted that the petitioner had uploaded all th....

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....normal banking channel. The petitioner appears to have furnished the details of the seller pursuant to communication dated 28.03.2022. The petitioner had also uploaded copy of the sale deed dated 14.08.2014, copy of the plaint in O.S.No.158 of 2015 filed before the District Munsif Court, Chengalpattu against various persons. The respondent has however passed the impugned order without considering ....