https://www.taxtmi.com/highlights?id=104306 Documented gift funding and traceable bank transfers can explain a spouse's contribution to an immovable-property purchase. Donor confirmation identifying fixed-deposit liquidation, together with matching same-date debit and credit entries, supported acceptance of the stated source. Regular mutual-fund SIPs for a minor child were likewise treated as explained where bank debits, modest periodic investments, and clearing credits supported the claim of salary savings. Consequently, the additions for unexplained property and mutual-fund investments were deleted; the reopening issue remained academic and computation required verification under law. en-us Tue, 29 Sep 2026 08:34:54 +0530 Tue, 29 Sep 2026 08:34:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=104306 Documented gift funding and traceable bank transfers can explain a spouse's contribution to an immovable-property purchase. Donor confirmation identifying fixed-deposit liquidation, together with matching same-date debit and credit entries, supported acceptance of the stated source. Regular mutual-fund SIPs for a minor child were likewise treated as explained where bank debits, modest periodic investments, and clearing credits supported the claim of salary savings. Consequently, the additions for unexplained property and mutual-fund investments were deleted; the reopening issue remained academic and computation required verification under law. Highlights Income Tax Tue, 29 Sep 2026 08:34:54 +0530 https://www.taxtmi.com/highlights?id=104306