https://www.taxtmi.com/caselaws?id=798665 Cash payment for immovable property was satisfactorily explained by accumulated foreign salary earnings of the taxpayer and spouse for purposes of Section 69A. Foreign employment, substantial cash earnings, accepted remittances, travel history, and the absence of evidence of undisclosed income-generating activity in India established a credible and financially sufficient source. Missing customs declarations, currency-encashment records, or a precise historical cash trail did not negate the demonstrated underlying source merely because each accumulated savings tranche could not be traced exactly. The payment was therefore not assessable as unexplained money. en-us Mon, 17 Aug 2026 00:00:00 +0530 Thu, 10 Sep 2026 08:51:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798665 Cash payment for immovable property was satisfactorily explained by accumulated foreign salary earnings of the taxpayer and spouse for purposes of Section 69A. Foreign employment, substantial cash earnings, accepted remittances, travel history, and the absence of evidence of undisclosed income-generating activity in India established a credible and financially sufficient source. Missing customs declarations, currency-encashment records, or a precise historical cash trail did not negate the demonstrated underlying source merely because each accumulated savings tranche could not be traced exactly. The payment was therefore not assessable as unexplained money. Case-Laws Income Tax Mon, 17 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798665