https://www.taxtmi.com/caselaws?id=792208 Bank-traced payments supported by bank statements, cash flow records and remand verification can justify deletion of an addition for unexplained investment under section 69 where the Revenue fails to produce contrary material to disprove the explained source of funds. In a redevelopment-linked tenancy arrangement, section 56(2)(x) cannot be sustained on a presumptive valuation alone where the transaction is not shown to be a straightforward purchase of immovable property and the relevant stamp duty value is not properly established. The appellate relief granted to the assessee was upheld in full. en-us Wed, 20 May 2026 00:00:00 +0530 Sat, 23 May 2026 10:52:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792208 Bank-traced payments supported by bank statements, cash flow records and remand verification can justify deletion of an addition for unexplained investment under section 69 where the Revenue fails to produce contrary material to disprove the explained source of funds. In a redevelopment-linked tenancy arrangement, section 56(2)(x) cannot be sustained on a presumptive valuation alone where the transaction is not shown to be a straightforward purchase of immovable property and the relevant stamp duty value is not properly established. The appellate relief granted to the assessee was upheld in full. Case-Laws Income Tax Wed, 20 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792208