In the result, the appeal filed by the assessee is partly-allowed
Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwal
price of the flats in the project at Rs.27,000/-, however, on verification it is found to be Rs.26,414/- ). To that extent, the sales disclosed were understated. Further, the appellant has paid an extra consideration of Rs.3,56,06,250/- to its holding company EID Parry on account of land cost u/s.40A(2)(b). Based on work order