53A of the Transfer of Property Act, 1882 r.w.s. 2(47) of the Income Tax Act, 1961. 4. Subsequently, the Assessing Officer had also received a letter dated 23.12.2016 from the Assistant Commissioner of Income Tax, Central (Circle), Kolhapur (‘the ACIT, CC, Kolhapur’) passing on C.O. No.15/PUN/2023 information of receipt of on-money consideration of Rs.8