https://www.taxtmi.com/caselaws?id=470731 Cash deposits and receipts cannot be telescoped against alleged on-money from a later land sale without evidence that the funds were received or available in the relevant year; the related additions remained sustainable. Land and a building are separate capital assets, and demolition extinguishes rights in the building; sale of demolition scrap constitutes a transfer. Where demolition and scrap sale are integrally connected with sale of land as vacant land, the building's indexed cost must be recognised in computing capital gains, whether consideration is combined or separately computed. Jewellery claimed under an unregistered will remained unexplained where execution, genuineness, and continuing identifiable ownership were not established. en-us Thu, 28 Oct 2010 00:00:00 +0530 Thu, 06 Aug 2026 11:22:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470731 Cash deposits and receipts cannot be telescoped against alleged on-money from a later land sale without evidence that the funds were received or available in the relevant year; the related additions remained sustainable. Land and a building are separate capital assets, and demolition extinguishes rights in the building; sale of demolition scrap constitutes a transfer. Where demolition and scrap sale are integrally connected with sale of land as vacant land, the building's indexed cost must be recognised in computing capital gains, whether consideration is combined or separately computed. Jewellery claimed under an unregistered will remained unexplained where execution, genuineness, and continuing identifiable ownership were not established. Case-Laws Income Tax Thu, 28 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470731