https://www.taxtmi.com/caselaws?id=471003 Unexplained investment in purchase of a plot was assessed under the Income-tax Act after the investment source was treated as unproved. An affidavit from the lender confirming an advance, evidence of substantial agricultural landholdings, and the taxpayer's regular income-tax compliance supported acceptance of the explained sources to a substantial extent. The addition was consequently restricted to the portion of investment remaining unexplained, while the balance addition was deleted. en-us Fri, 28 Mar 2025 00:00:00 +0530 Mon, 17 Aug 2026 22:08:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471003 Unexplained investment in purchase of a plot was assessed under the Income-tax Act after the investment source was treated as unproved. An affidavit from the lender confirming an advance, evidence of substantial agricultural landholdings, and the taxpayer's regular income-tax compliance supported acceptance of the explained sources to a substantial extent. The addition was consequently restricted to the portion of investment remaining unexplained, while the balance addition was deleted. Case-Laws Income Tax Fri, 28 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471003