https://www.taxtmi.com/caselaws?id=800659 Sections 69A and 69B require evidence of unexplained money or investment exceeding recorded amounts. Cash returned by builders that is traceable to accounted bank-channel advances, without proof of an independent unexplained source, asset, income or accretion, should not be separately treated as unexplained money or investment. Alleged interest from purported builder financing similarly requires material beyond an inferred financing arrangement. For immovable property acquired below stamp duty value beyond the statutory threshold, section 56(2)(x)(b) may apply irrespective of transaction characterisation. Where stamp duty value is disputed, the section 50C valuation mechanism requires fair market value determination through the Departmental Valuation Officer before taxability and quantum are finalised. en-us Fri, 25 Sep 2026 00:00:00 +0530 Fri, 09 Oct 2026 08:30:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800659 Sections 69A and 69B require evidence of unexplained money or investment exceeding recorded amounts. Cash returned by builders that is traceable to accounted bank-channel advances, without proof of an independent unexplained source, asset, income or accretion, should not be separately treated as unexplained money or investment. Alleged interest from purported builder financing similarly requires material beyond an inferred financing arrangement. For immovable property acquired below stamp duty value beyond the statutory threshold, section 56(2)(x)(b) may apply irrespective of transaction characterisation. Where stamp duty value is disputed, the section 50C valuation mechanism requires fair market value determination through the Departmental Valuation Officer before taxability and quantum are finalised. Case-Laws Income Tax Fri, 25 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800659