https://www.taxtmi.com/caselaws?id=787615 Addition assessed as unexplained money was challenged on the basis that contemporaneous bank statements and TDS challan demonstrated payment of outstanding sale consideration and tax (with interest and late fee) after the sale deed date. The tax authority's reliance on sale deeds that merely recited receipt without specifying mode of payment was held insufficient where banking records and TDS compliance furnished a plausible explanation for amounts shown in books. Operatively, the addition under the unexplained-income provision was deleted and the appeal allowed in favour of the assessee. en-us Fri, 23 Jan 2026 00:00:00 +0530 Tue, 10 Mar 2026 08:51:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787615 Addition assessed as unexplained money was challenged on the basis that contemporaneous bank statements and TDS challan demonstrated payment of outstanding sale consideration and tax (with interest and late fee) after the sale deed date. The tax authority's reliance on sale deeds that merely recited receipt without specifying mode of payment was held insufficient where banking records and TDS compliance furnished a plausible explanation for amounts shown in books. Operatively, the addition under the unexplained-income provision was deleted and the appeal allowed in favour of the assessee. Case-Laws Income Tax Fri, 23 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787615