https://www.taxtmi.com/article/detailed?id=16555 Section 69A applies only to unexplained money, bullion, jewellery, or other valuable articles belonging to the assessee and not reflected in the books. An article is "valuable" only if it is intrinsically high-priced and commands a premium price in its own right. A thing that becomes significant only by multiplying quantities does not qualify. On that principle, bitumen is not a valuable article for section 69A. en-us Tue, 02 Jun 2026 08:48:26 +0530 Tue, 02 Jun 2026 08:48:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16555 Section 69A applies only to unexplained money, bullion, jewellery, or other valuable articles belonging to the assessee and not reflected in the books. An article is "valuable" only if it is intrinsically high-priced and commands a premium price in its own right. A thing that becomes significant only by multiplying quantities does not qualify. On that principle, bitumen is not a valuable article for section 69A. Articles Income Tax Tue, 02 Jun 2026 08:48:26 +0530 https://www.taxtmi.com/article/detailed?id=16555