https://www.taxtmi.com/caselaws?id=764039 Unexplained investment in property could not be conclusively assessed in the assessee's hands without first verifying her claim that the funds came from her non-resident son's remittances and resources. As one property investment had already been accepted in the son's case as explained, the Tribunal found limited factual verification necessary for the remaining property. The matter was therefore restored to the Assessing Officer for restricted examination of the source of investment, and the addition was not finally sustained at this stage. en-us Tue, 31 Dec 2024 00:00:00 +0530 Thu, 02 Jan 2025 08:13:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764039 Unexplained investment in property could not be conclusively assessed in the assessee's hands without first verifying her claim that the funds came from her non-resident son's remittances and resources. As one property investment had already been accepted in the son's case as explained, the Tribunal found limited factual verification necessary for the remaining property. The matter was therefore restored to the Assessing Officer for restricted examination of the source of investment, and the addition was not finally sustained at this stage. Case-Laws Income Tax Tue, 31 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764039