Unsigned sale agreement not conclusive: ITAT Hyderabad remands capital-gains addition for limited verification

Smt. Nomula Narmada Reddy Vs DCIT (ITAT Hyderabad) Unsigned sale agreement not conclusive: ITAT Hyderabad remands capital-gains addition for limited verification Hyderabad ITAT set aside the addition of ₹30.82 lakh made towards alleged undisclosed sale consideration & restored the matter to the Assessing Officer for limited verification. Assessee had sold Plot No. 233 & disclosed sale consideration of ₹6.44 lakh as per the registered sale deed. During a search u/s 132 in a group case, an unsigned draft agreement of sale was found showing consideration of ₹37.26 lakh. Relying sole...