https://www.taxtmi.com/caselaws?id=792495 Unexplained investment in immovable property was held not sustainable where the assessee showed that funds came from sale proceeds of an inherited property. Bank statements and related documents established that the sale consideration was credited and then used for the new property purchase jointly with family members. The documentary trail also showed that the mother's connected transactions had already been accepted in assessment, supporting the source of investment. On these facts, the addition made in set-aside proceedings was deleted. en-us Fri, 24 Apr 2026 00:00:00 +0530 Fri, 29 May 2026 08:59:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792495 Unexplained investment in immovable property was held not sustainable where the assessee showed that funds came from sale proceeds of an inherited property. Bank statements and related documents established that the sale consideration was credited and then used for the new property purchase jointly with family members. The documentary trail also showed that the mother's connected transactions had already been accepted in assessment, supporting the source of investment. On these facts, the addition made in set-aside proceedings was deleted. Case-Laws Income Tax Fri, 24 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792495