https://www.taxtmi.com/caselaws?id=796328 Property-investment additions are discussed as unsustainable where the taxpayer supports the purchase consideration through bank records, donor evidence, and fixed-deposit encashment records, while registration expenditure is linked to disclosed business income. The notes also address condonation of appellate delay, indicating that surrounding circumstances, lack of professional guidance, and substantial justice may establish sufficient cause. For the difference between stamp-duty value and stated consideration, the discussion states that a disputed uniform DLC valuation should not be treated as fair market value while a valuation reference remains unresolved and the taxpayer's explanation has not been addressed. The assessment-validity challenge is noted as left open. en-us Thu, 30 Jul 2026 00:00:00 +0530 Tue, 04 Aug 2026 08:39:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796328 Property-investment additions are discussed as unsustainable where the taxpayer supports the purchase consideration through bank records, donor evidence, and fixed-deposit encashment records, while registration expenditure is linked to disclosed business income. The notes also address condonation of appellate delay, indicating that surrounding circumstances, lack of professional guidance, and substantial justice may establish sufficient cause. For the difference between stamp-duty value and stated consideration, the discussion states that a disputed uniform DLC valuation should not be treated as fair market value while a valuation reference remains unresolved and the taxpayer's explanation has not been addressed. The assessment-validity challenge is noted as left open. Case-Laws Income Tax Thu, 30 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796328