https://www.taxtmi.com/caselaws?id=472213 Cash deposits made shortly after sale of a capital asset may be linked to the cash component of sale consideration, but the depositor must reconcile the source with relevant figures. Incomplete reconciliation can justify retention of a residual addition rather than the full cash-deposit addition. Similarly, incomplete evidence for cost of improvement may warrant a restricted lump-sum disallowance, but does not by itself support disallowance of one-half of the claim. Both adjustments were reduced on their facts without precedential effect. en-us Mon, 21 Apr 2025 00:00:00 +0530 Sun, 04 Oct 2026 18:35:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472213 Cash deposits made shortly after sale of a capital asset may be linked to the cash component of sale consideration, but the depositor must reconcile the source with relevant figures. Incomplete reconciliation can justify retention of a residual addition rather than the full cash-deposit addition. Similarly, incomplete evidence for cost of improvement may warrant a restricted lump-sum disallowance, but does not by itself support disallowance of one-half of the claim. Both adjustments were reduced on their facts without precedential effect. Case-Laws Income Tax Mon, 21 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472213