{"id":26942,"date":"2022-05-14T15:28:44","date_gmt":"2022-05-14T09:58:44","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=26942"},"modified":"2022-05-14T15:38:11","modified_gmt":"2022-05-14T10:08:11","slug":"papers-about-on-money-on-sale-of-land-u-sec-133a-of-the-act-1961","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/papers-about-on-money-on-sale-of-land-u-sec-133a-of-the-act-1961\/","title":{"rendered":"Papers about On Money on sale of Land U\/Sec. 133A of the Act 1961"},"content":{"rendered":"<p>Assessee is trader of land During the course of survey U\/Sec. 133A some sale deed along with note about acceptance of\u00a0 cash consideration is mention. Assessee accept that it is for the sale of land . Simillarly these are notings found for purchase of land also . Whether unrecorded\u00a0 sale consideration it will be taxed as normal business income as assessee has offer the explanation and also given the source of the same. Or it will be taxed under Sec. 115BBE.<\/p>\n<p>Whether assessee can Take stand that only income or application which is higher to be taxed ? Pl guide .<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[33],"qa_category":[23],"qa_tag":[466,439,445],"class_list":["post-26942","qa","type-qa","status-publish","hentry","qa_expert-advocate-shashi-ashok-bekal","qa_category-income-tax","qa_tag-on-money","qa_tag-rate-of-tax","qa_tag-survey"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/26942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=26942"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=26942"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=26942"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=26942"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=26942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}