https://www.taxtmi.com/caselaws?id=796312 Adjustment of property consideration against an earlier registered mortgage debt cannot be treated as unexplained money in the purchase year without evidence that the registered documents were false or that unexplained investment was made in that year; the related addition was deleted. A stamp duty guideline value does not conclusively establish fair market value where the valuation is disputed and no independent evidence supports a higher value; the differential addition was deleted. Cash deposits cannot be deemed unexplained without objective examination of the taxpayer's explanation and supporting confirmations; the addition was deleted. en-us Mon, 13 Jul 2026 00:00:00 +0530 Tue, 04 Aug 2026 08:39:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796312 Adjustment of property consideration against an earlier registered mortgage debt cannot be treated as unexplained money in the purchase year without evidence that the registered documents were false or that unexplained investment was made in that year; the related addition was deleted. A stamp duty guideline value does not conclusively establish fair market value where the valuation is disputed and no independent evidence supports a higher value; the differential addition was deleted. Cash deposits cannot be deemed unexplained without objective examination of the taxpayer's explanation and supporting confirmations; the addition was deleted. Case-Laws Income Tax Mon, 13 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796312