https://www.taxtmi.com/forum/issue?id=1606 Section 50C applies to computation of capital gains by deeming full value of consideration without requiring physical receipt, while additions under unexplained investment or money provisions require actual unexplained assets or funds; to avoid double taxation only the excess of unexplained income additions over the deemed valuation should be taxed, and if unexplained income additions are lower than the deemed valuation no separate addition should be made. en-us Mon, 16 Nov 2009 11:37:27 +0530 Thu, 23 Jan 2025 15:58:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1606 Section 50C applies to computation of capital gains by deeming full value of consideration without requiring physical receipt, while additions under unexplained investment or money provisions require actual unexplained assets or funds; to avoid double taxation only the excess of unexplained income additions over the deemed valuation should be taxed, and if unexplained income additions are lower than the deemed valuation no separate addition should be made. Discussion-Forum Income Tax Mon, 16 Nov 2009 11:37:27 +0530 https://www.taxtmi.com/forum/issue?id=1606