https://www.taxtmi.com/caselaws?id=776832 Investment in immovable property cannot be treated as unexplained merely by referring to the registration date when the transaction was executed earlier. The Tribunal noted that the purchase was executed on 26/28.03.2016 and registered on 06.04.2016, and that the lower authorities had proceeded on the date of registration instead of the actual date of investment. Applying the principle that taxability must attach to the year of transfer or investment, not registration alone, the addition under sections 69, 69A and 115BBE was found unsustainable and deleted in favour of the assessee. en-us Tue, 07 Jan 2025 00:00:00 +0530 Mon, 18 Aug 2025 17:36:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776832 Investment in immovable property cannot be treated as unexplained merely by referring to the registration date when the transaction was executed earlier. The Tribunal noted that the purchase was executed on 26/28.03.2016 and registered on 06.04.2016, and that the lower authorities had proceeded on the date of registration instead of the actual date of investment. Applying the principle that taxability must attach to the year of transfer or investment, not registration alone, the addition under sections 69, 69A and 115BBE was found unsustainable and deleted in favour of the assessee. Case-Laws Income Tax Tue, 07 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776832