ITAT confirms addition for Property purchased by Son from Mother (A GPA Holder) for not-explaining source of investment

Ms. Nikunj Malik  Vs ITO (ITAT Delhi)

It is well settled law that contents of the registered document cannot be disputed through oral evidence. On the face of the registered sale deed, it is established that assessee made an investment in cash in purchase of property for a sum of Rs.42 lakhs and other amount was spent for stamp duty etc. The assessee is, therefore, under an obligation to explain the source of investment in the above property. The assessee instead of explaining the source of

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