https://www.taxtmi.com/caselaws?id=472211 Section 69 addresses investments that are unrecorded in the books and whose nature and source are unexplained or unsatisfactorily explained. Its application is examined in relation to business purchases paid through disclosed banking channels, reflected in disclosed bank accounts, and accepted as genuine. Where a transaction is recorded and traceable, doubt solely about the source of funds does not by itself satisfy the conditions for treating it as unexplained investment under the deeming provision. 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=472211 Section 69 addresses investments that are unrecorded in the books and whose nature and source are unexplained or unsatisfactorily explained. Its application is examined in relation to business purchases paid through disclosed banking channels, reflected in disclosed bank accounts, and accepted as genuine. Where a transaction is recorded and traceable, doubt solely about the source of funds does not by itself satisfy the conditions for treating it as unexplained investment under the deeming provision. Case-Laws Income Tax Mon, 21 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472211