Addition towards LTCG sustained as no documentary evidence of lower sale consideration furnished

Sir Shadilal Enterprises Limited Vs DCIT (ITAT Delhi)

ITAT Delhi held that addition towards long term capital gain sustained as assessee failed to furnish confirmation from the purchaser company as lower sale consideration was claimed by assessee.

Facts- Vide the present appeal, assessee contested that CIT (A) erred in law and on facts in dismissing the appeal against the order of assessing officer as adequate opportunity of being heard was not provided to the appellant. T

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