Amount received in bank account in excess of sale consideration

Yes, you can do so since that is the actual consideration in this case.

Thank you very much Madam.

Any counter views from other experts please.

Thank you all for your replies. @ Mr. Mukharjee, As per our state's registration rules, sale agreement registration separately is not mandatory. Actually buyer has requested to make another sale agreement for Rs. 35 lacs based on his bank loan purpose (maybe also to reduce the burden of stamp duty). This sale agreement (Rs. 35 lacs) will not be referred to in the sale deed documentation. In this scenario, is it okay to mention Rs 40 lacs as sale consideration in ITR?

For more clarity , In the above example, though sale agreement document will not be referred in the sale deed, yet the sale consideration will be mentioned as Rs. 35 lacs in the registered sale deed.