545 results for “house property”+ Section 56(2)(iii)clear
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In the result, the appeal filed by the assessee is allowed
Bench: Shri Laxmi Prasad Sahu & Shri Soundararajan K
iii. Rs. 1,00,00,000/- (Rupees One Crore only) paid vide Cheque bearing No 157343 Dated 18-01-2017 drawn on ICICI Bank, Davanagere Branch to the Third Seller from the Account of Second Purchaser. All these cheques have been withdrawn before 31.03.2017 which is clear from the bank statements produced before us. AS per the details submitted