https://www.taxtmi.com/caselaws?id=265312 A registered deed was treated as only a formal transfer where the evidence showed earlier acquisition and long possession of the house property, and there was no material proving payment from undisclosed sources; the addition for unexplained investment was therefore deleted. However, the source of registration expense, construction expenditure and urban tax was not conclusively established, so those ancillary factual matters were restored for verification with due opportunity to the assessee. The principal investment addition was thus deleted, while limited factual examination on related expenditure issues remained open. en-us Tue, 11 Aug 2015 00:00:00 +0530 Fri, 28 Aug 2015 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265312 A registered deed was treated as only a formal transfer where the evidence showed earlier acquisition and long possession of the house property, and there was no material proving payment from undisclosed sources; the addition for unexplained investment was therefore deleted. However, the source of registration expense, construction expenditure and urban tax was not conclusively established, so those ancillary factual matters were restored for verification with due opportunity to the assessee. The principal investment addition was thus deleted, while limited factual examination on related expenditure issues remained open. Case-Laws Income Tax Tue, 11 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265312