https://www.taxtmi.com/caselaws?id=471424 Unexplained-investment addition for land acquired in another person's name requires material establishing that the assessee funded the purchase. Registered sale deeds identified the named purchaser and recorded receipt of consideration from him, while his statements attributed the funds to plot-sale proceeds and past savings without linking the assessee. As the investment was also assessed substantively in the purchaser's and connected company's hands, no basis remained to sustain the same addition against the assessee. The addition was therefore deleted. en-us Fri, 04 Apr 2025 00:00:00 +0530 Wed, 02 Sep 2026 13:54:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471424 Unexplained-investment addition for land acquired in another person's name requires material establishing that the assessee funded the purchase. Registered sale deeds identified the named purchaser and recorded receipt of consideration from him, while his statements attributed the funds to plot-sale proceeds and past savings without linking the assessee. As the investment was also assessed substantively in the purchaser's and connected company's hands, no basis remained to sustain the same addition against the assessee. The addition was therefore deleted. Case-Laws Income Tax Fri, 04 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471424