https://www.taxtmi.com/caselaws?id=472595 Section 69B unexplained-investment additions cannot rest solely on an estimated construction valuation where the recorded investment appears in books of account that have not been rejected and no material establishes actual excess cash investment. In those circumstances, reliance on a valuation reference for making the addition is impermissible. Self-supervision allowance in construction valuation must be computed on the gross valuation rather than only on the differential amount. These principles limit valuation-based additions to situations supported by evidence beyond estimation. en-us Tue, 22 Apr 2025 00:00:00 +0530 Fri, 16 Oct 2026 18:43:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472595 Section 69B unexplained-investment additions cannot rest solely on an estimated construction valuation where the recorded investment appears in books of account that have not been rejected and no material establishes actual excess cash investment. In those circumstances, reliance on a valuation reference for making the addition is impermissible. Self-supervision allowance in construction valuation must be computed on the gross valuation rather than only on the differential amount. These principles limit valuation-based additions to situations supported by evidence beyond estimation. Case-Laws Income Tax Tue, 22 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472595