https://www.taxtmi.com/caselaws?id=466312 Unexplained investment in purchase of property was contested where payments appeared from the assessee's bank accounts. The tribunal examined timing of payments and found none fell in the financial year relevant to the assessment year in dispute; payments occurred in earlier or later years. Because no payment was made by the assessee during the relevant financial year, the tribunal rejected the revenue's addition for unexplained investment and allowed the assessee's appeal. en-us Fri, 28 Feb 2025 00:00:00 +0530 Sun, 01 Feb 2026 19:07:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466312 Unexplained investment in purchase of property was contested where payments appeared from the assessee's bank accounts. The tribunal examined timing of payments and found none fell in the financial year relevant to the assessment year in dispute; payments occurred in earlier or later years. Because no payment was made by the assessee during the relevant financial year, the tribunal rejected the revenue's addition for unexplained investment and allowed the assessee's appeal. Case-Laws Income Tax Fri, 28 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466312