https://www.taxtmi.com/caselaws?id=799216 Section 69 permits assessment of unaccounted cash consideration for property as unexplained investment when the purchaser fails to satisfactorily explain its source. Seized digital records matching the unit and purchaser, corroborated by admissions of unaccounted cash transactions, may establish the payment; a bare denial does not displace that evidence. Cross-examination is not indispensable where the assessment rests principally on corroborated documentary material rather than statements alone. Co-ownership, inaction concerning other transactions, presumptive-tax treatment, absence of books, and subsequent registration do not negate evidence that cash payment occurred in the relevant year. Such cash consideration remains assessable as unexplained investment. en-us Mon, 31 Aug 2026 00:00:00 +0530 Fri, 18 Sep 2026 07:32:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799216 Section 69 permits assessment of unaccounted cash consideration for property as unexplained investment when the purchaser fails to satisfactorily explain its source. Seized digital records matching the unit and purchaser, corroborated by admissions of unaccounted cash transactions, may establish the payment; a bare denial does not displace that evidence. Cross-examination is not indispensable where the assessment rests principally on corroborated documentary material rather than statements alone. Co-ownership, inaction concerning other transactions, presumptive-tax treatment, absence of books, and subsequent registration do not negate evidence that cash payment occurred in the relevant year. Such cash consideration remains assessable as unexplained investment. Case-Laws Income Tax Mon, 31 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799216