https://www.taxtmi.com/caselaws?id=466023 Unexplained investments arising from alleged on-money paid over the stated consideration for a flat were analysed on the basis that the seller admitted receipt of a cash component and the figure was exact rather than stochastic; the Tribunal applied the preponderance of probability and treated the admission as reliable evidentiary material, distinguishing contrary coordinate decisions as fact-specific. The consequence is that the impugned income was sustained in the hands of the seller and the assessment based on the undisclosed cash component was upheld against the purchaser. en-us Fri, 17 May 2024 00:00:00 +0530 Tue, 20 Jan 2026 21:18:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466023 Unexplained investments arising from alleged on-money paid over the stated consideration for a flat were analysed on the basis that the seller admitted receipt of a cash component and the figure was exact rather than stochastic; the Tribunal applied the preponderance of probability and treated the admission as reliable evidentiary material, distinguishing contrary coordinate decisions as fact-specific. The consequence is that the impugned income was sustained in the hands of the seller and the assessment based on the undisclosed cash component was upheld against the purchaser. Case-Laws Income Tax Fri, 17 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466023