https://www.taxtmi.com/caselaws?id=472338 Sections 69A and 69C require proof of the assessee's ownership of money and actual unexplained expenditure; uncorroborated third-party statements, WhatsApp communications, and diary entries showing third-party cash movement do not alone satisfy those conditions. Where records establish only cash-transportation activity or an integrated receipt-and-payment flow, gross receipts and payments cannot be taxed separately; tax is confined to proven commission income or net receipt. Alleged interest and cash differentials require evidence of an independent unexplained accretion or income attributable to the assessee. By contrast, the stamp-duty differential on immovable property is taxable under Section 56(2)(x)(b) where the adopted value exceeds consideration beyond the prescribed limit and remains unrebutted. en-us Tue, 04 Aug 2026 00:00:00 +0530 Thu, 08 Oct 2026 10:56:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472338 Sections 69A and 69C require proof of the assessee's ownership of money and actual unexplained expenditure; uncorroborated third-party statements, WhatsApp communications, and diary entries showing third-party cash movement do not alone satisfy those conditions. Where records establish only cash-transportation activity or an integrated receipt-and-payment flow, gross receipts and payments cannot be taxed separately; tax is confined to proven commission income or net receipt. Alleged interest and cash differentials require evidence of an independent unexplained accretion or income attributable to the assessee. By contrast, the stamp-duty differential on immovable property is taxable under Section 56(2)(x)(b) where the adopted value exceeds consideration beyond the prescribed limit and remains unrebutted. Case-Laws Income Tax Tue, 04 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472338