https://www.taxtmi.com/caselaws?id=799294 Section 69 requires an investment addition to rest on an unexplained or unsatisfactorily explained source. Verified bank payments and housing-loan financing may establish the source of payments for jointly acquired property, and another co-owner's contribution cannot be treated as one purchaser's unexplained investment. For stamp-duty valuation purposes, documented additional consideration must be included in the actual aggregate consideration before determining any difference. In a joint purchase, only the amount attributable to the relevant co-owner may be assessed; the entire difference cannot be brought to tax in one co-purchaser's hands, particularly where that share falls below the statutory threshold. en-us Tue, 08 Sep 2026 00:00:00 +0530 Sat, 19 Sep 2026 08:20:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799294 Section 69 requires an investment addition to rest on an unexplained or unsatisfactorily explained source. Verified bank payments and housing-loan financing may establish the source of payments for jointly acquired property, and another co-owner's contribution cannot be treated as one purchaser's unexplained investment. For stamp-duty valuation purposes, documented additional consideration must be included in the actual aggregate consideration before determining any difference. In a joint purchase, only the amount attributable to the relevant co-owner may be assessed; the entire difference cannot be brought to tax in one co-purchaser's hands, particularly where that share falls below the statutory threshold. Case-Laws Income Tax Tue, 08 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799294