https://www.taxtmi.com/highlights?id=56261 Unexplained cash credit u/s 68 -The two buyers denied having paid any cash while purchasing the flat. The assessee denied having received the on-money. - Therefore, the whole basis of making addition is mere dumb document found at the premises of a third party, without there being any corroborative evidences to support the same. No much weightage could be attached to the said document in the absence of any cogent material supporting the entries therein. - AT en-us Mon, 11 Jan 2021 08:06:10 +0530 Mon, 11 Jan 2021 08:06:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56261 Unexplained cash credit u/s 68 -The two buyers denied having paid any cash while purchasing the flat. The assessee denied having received the on-money. - Therefore, the whole basis of making addition is mere dumb document found at the premises of a third party, without there being any corroborative evidences to support the same. No much weightage could be attached to the said document in the absence of any cogent material supporting the entries therein. - AT Highlights Income Tax Mon, 11 Jan 2021 08:06:10 +0530 https://www.taxtmi.com/highlights?id=56261