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45. Learned Assessing Officer further noted that a show cause notice was issued by the ADIT, Tirupati asking the assessee to explain as to why the entire investment of Rs.11,40,00,000/- should not be taken as the full consideration and also the difference of Rs.8,93,23,000/- should not be M/s. Varsha Viswanath Properties Private Limited batch treated as 'unexplained investment' in the said property. The assessee vide letter dated 04/07/2016 stated that it was only a proposal sent by the lawyer as a draft and after consulting with the landlord, the property was purchased for Rs.2,46,77,000/- which is accounted in the books. It was further submitted that the draft MoU was not filled in all respects and unsigned and, therefore, no additional consideration is needed to be considered.