https://www.taxtmi.com/caselaws?id=777461 ITAT (Kolkata) - AT allowed the appeal, holding the assessee satisfactorily explained the source of funds for property purchase and registration charges. Bank statements and passbook entries showed payments and issuance of a demand draft from the assessee's salaried account, with cash withdrawals accounted for. The tribunal found payments made through banking channels and concluded the source was established, thereby overturning the unexplained payment finding and granting relief to the assessee. en-us Wed, 27 Aug 2025 00:00:00 +0530 Fri, 29 Aug 2025 08:58:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777461 ITAT (Kolkata) - AT allowed the appeal, holding the assessee satisfactorily explained the source of funds for property purchase and registration charges. Bank statements and passbook entries showed payments and issuance of a demand draft from the assessee's salaried account, with cash withdrawals accounted for. The tribunal found payments made through banking channels and concluded the source was established, thereby overturning the unexplained payment finding and granting relief to the assessee. Case-Laws Income Tax Wed, 27 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777461