https://www.taxtmi.com/caselaws?id=796003 Unaccounted sale-consideration additions require corroborative evidence beyond seized loose sheets, internal spreadsheets, broker material and chats. Where material does not identify purchasers, record cash receipts, or establish a cash trail, and purchaser affidavits denying cash payments remain unrebutted, estimated on-money additions cannot be sustained; varying unit characteristics also defeat uniform sale-rate estimation. Deemed rental income under Section 23(5) applies to eligible unsold units after the prescribed period from building-use permission, without excluding projects commenced before the provision took effect. In the absence of evidence of letting efforts or grounds to alter the accepted estimate, deemed rent at 3% of the value of unsold units remains applicable. en-us Mon, 27 Jul 2026 00:00:00 +0530 Thu, 30 Jul 2026 08:52:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796003 Unaccounted sale-consideration additions require corroborative evidence beyond seized loose sheets, internal spreadsheets, broker material and chats. Where material does not identify purchasers, record cash receipts, or establish a cash trail, and purchaser affidavits denying cash payments remain unrebutted, estimated on-money additions cannot be sustained; varying unit characteristics also defeat uniform sale-rate estimation. Deemed rental income under Section 23(5) applies to eligible unsold units after the prescribed period from building-use permission, without excluding projects commenced before the provision took effect. In the absence of evidence of letting efforts or grounds to alter the accepted estimate, deemed rent at 3% of the value of unsold units remains applicable. Case-Laws Income Tax Mon, 27 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796003