https://www.taxtmi.com/caselaws?id=788254 Addition under the law treating a cash payment as unexplained cash investment was challenged; the assessee claimed joint purchase and that the cash originated from a gift by the mother-in-law supported by bank statements and a gift declaration. The joint-purchase point was not accepted on record; the gift proof could not be verified before the Tribunal. The Tribunal remitted the matter to the Jurisdictional Assessing Officer for verification of the mother-in-law's bank records and the gift declaration and for fresh adjudication after affording a fair opportunity of hearing. en-us Tue, 10 Feb 2026 00:00:00 +0530 Thu, 19 Mar 2026 08:59:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788254 Addition under the law treating a cash payment as unexplained cash investment was challenged; the assessee claimed joint purchase and that the cash originated from a gift by the mother-in-law supported by bank statements and a gift declaration. The joint-purchase point was not accepted on record; the gift proof could not be verified before the Tribunal. The Tribunal remitted the matter to the Jurisdictional Assessing Officer for verification of the mother-in-law's bank records and the gift declaration and for fresh adjudication after affording a fair opportunity of hearing. Case-Laws Income Tax Tue, 10 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788254