https://www.taxtmi.com/caselaws?id=780351 An addition for unexplained investment in immovable property could not be sustained where the registered sale deed recorded consideration of Rs. 30,00,000 and the Revenue produced no material to prove the alleged higher payment of Rs. 1,23,00,000. The recorded deed was consistent with a price stated to be above the prevailing circle rate, and the attempted section 69 addition depended only on assumption rather than evidence of actual consideration. In the absence of contrary proof, the higher alleged investment was not established and the addition was deleted in favour of the assessee. en-us Fri, 17 Oct 2025 00:00:00 +0530 Wed, 29 Oct 2025 08:16:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780351 An addition for unexplained investment in immovable property could not be sustained where the registered sale deed recorded consideration of Rs. 30,00,000 and the Revenue produced no material to prove the alleged higher payment of Rs. 1,23,00,000. The recorded deed was consistent with a price stated to be above the prevailing circle rate, and the attempted section 69 addition depended only on assumption rather than evidence of actual consideration. In the absence of contrary proof, the higher alleged investment was not established and the addition was deleted in favour of the assessee. Case-Laws Income Tax Fri, 17 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780351