https://www.taxtmi.com/caselaws?id=799116 Section 56(2)(vii) did not support an addition where the difference between purchase consideration and DVO valuation fell within the applicable tolerance band. The Section 50C(2) valuation mechanism was treated as pari materia, extending its tolerance to that valuation difference; the stamp-duty-based addition was therefore deleted. Investment and stamp-duty payments traceable to the taxpayer's disclosed bank account and available balance constituted an explained source of funds. The unexplained-investment addition was consequently deleted, resulting in deletion of both property-acquisition additions. en-us Wed, 15 Jul 2026 00:00:00 +0530 Thu, 17 Sep 2026 07:52:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799116 Section 56(2)(vii) did not support an addition where the difference between purchase consideration and DVO valuation fell within the applicable tolerance band. The Section 50C(2) valuation mechanism was treated as pari materia, extending its tolerance to that valuation difference; the stamp-duty-based addition was therefore deleted. Investment and stamp-duty payments traceable to the taxpayer's disclosed bank account and available balance constituted an explained source of funds. The unexplained-investment addition was consequently deleted, resulting in deletion of both property-acquisition additions. Case-Laws Income Tax Wed, 15 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799116