https://www.taxtmi.com/caselaws?id=755683 Section 69A covers unexplained money or valuable assets even where an assessee is not statutorily bound to maintain books of account, and the assessee must offer a satisfactory source explanation supported by relevant material. A variation between the provision cited in a show-cause notice and the provision invoked in the assessment does not by itself invalidate the addition if the substance of the allegation and the opportunity to respond remain the same. In transfer-related valuation disputes, stamp duty is payable on the market value of the conveyance rather than only on guideline value, and the statutory deeming thresholds governing difference between declared consideration and stamp valuation remain relevant. en-us Tue, 18 Jun 2024 00:00:00 +0530 Mon, 09 Jun 2025 16:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755683 Section 69A covers unexplained money or valuable assets even where an assessee is not statutorily bound to maintain books of account, and the assessee must offer a satisfactory source explanation supported by relevant material. A variation between the provision cited in a show-cause notice and the provision invoked in the assessment does not by itself invalidate the addition if the substance of the allegation and the opportunity to respond remain the same. In transfer-related valuation disputes, stamp duty is payable on the market value of the conveyance rather than only on guideline value, and the statutory deeming thresholds governing difference between declared consideration and stamp valuation remain relevant. Case-Laws Income Tax Tue, 18 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755683