Income tax query

Kollipara Sundaraiah (B.com) (2984 Points)

11 November 2019  
A I.t. assess construction of commercial building value Rs.20 lacs

Rs.5 lacs payments by cash mode.(above 10000 paid per day)
Rs. 15 lacs payments mode by bank cheque.
doubt a person which amount asset value(building value) show in balance sheet.