https://www.taxtmi.com/caselaws?id=350790 Undisclosed income and cash receipt additions were challenged on evidentiary grounds: the assessing authority relied on computer printouts and documents seized from third parties without independent corroboration, while the assessee produced passport records, denials, and affidavits negating receipt; the appellate finding that mere seized material from third parties, untested and unverified, cannot support additions based on presumption or estimation was affirmed, resulting in deletion of additions where direct, clinching evidence of actual cash receipt or expenditure was absent and amounts already accounted for in books were sustained. en-us Wed, 11 Oct 2017 00:00:00 +0530 Tue, 27 Jan 2026 10:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350790 Undisclosed income and cash receipt additions were challenged on evidentiary grounds: the assessing authority relied on computer printouts and documents seized from third parties without independent corroboration, while the assessee produced passport records, denials, and affidavits negating receipt; the appellate finding that mere seized material from third parties, untested and unverified, cannot support additions based on presumption or estimation was affirmed, resulting in deletion of additions where direct, clinching evidence of actual cash receipt or expenditure was absent and amounts already accounted for in books were sustained. Case-Laws Income Tax Wed, 11 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350790