https://www.taxtmi.com/caselaws?id=790848 On-money received from the sale of immovable property was treated as part of the sale consideration, not as unexplained money under section 69A. Because the assessment itself accepted that the cash receipt arose from the property transaction and came from the buyer, the conditions for section 69A were not met. The amount attributable to each co-owner therefore had to be included in computation of capital gains. The same principle applied to the connected appeal on identical facts, and the addition under section 69A was held unsustainable. en-us Wed, 29 Apr 2026 00:00:00 +0530 Fri, 01 May 2026 10:14:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790848 On-money received from the sale of immovable property was treated as part of the sale consideration, not as unexplained money under section 69A. Because the assessment itself accepted that the cash receipt arose from the property transaction and came from the buyer, the conditions for section 69A were not met. The amount attributable to each co-owner therefore had to be included in computation of capital gains. The same principle applied to the connected appeal on identical facts, and the addition under section 69A was held unsustainable. Case-Laws Income Tax Wed, 29 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790848