https://www.taxtmi.com/caselaws?id=380041 A loose sheet seized from a third party could not sustain an addition as unexplained income unless the revenue proved its authenticity, authorship, ownership and nexus with the assessee through admissible evidence and corroboration. Here, the person from whose premises it was recovered did not authorship or knowledge, the assessee denied the alleged cash payment, and no primary or secondary evidence established that the paper related to the assessee or the Jakkur land transactions. The cheque entries on the same sheet were found to concern other property accounts and did not corroborate the cash entry. On these facts, the addition was held unsustainable. en-us Fri, 05 Apr 2019 00:00:00 +0530 Sat, 11 May 2019 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380041 A loose sheet seized from a third party could not sustain an addition as unexplained income unless the revenue proved its authenticity, authorship, ownership and nexus with the assessee through admissible evidence and corroboration. Here, the person from whose premises it was recovered did not authorship or knowledge, the assessee denied the alleged cash payment, and no primary or secondary evidence established that the paper related to the assessee or the Jakkur land transactions. The cheque entries on the same sheet were found to concern other property accounts and did not corroborate the cash entry. On these facts, the addition was held unsustainable. Case-Laws Income Tax Fri, 05 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380041