https://www.taxtmi.com/caselaws?id=405939 Uncorroborated diary entries, a retracted third-party statement and retrieved electronic material were found insufficient to sustain an addition as undisclosed income where there was no proven nexus with the assessee and no specific identification of any alleged payment. The material did not show the date, mode or manner of payment, and the witness later denied making any payment to the assessee in cross-examination. The note also records that electronic evidence must meet the admissibility requirements under section 65-B of the Indian Evidence Act, 1872. On that basis, the addition was deleted. en-us Tue, 30 Mar 2021 00:00:00 +0530 Thu, 01 Apr 2021 11:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405939 Uncorroborated diary entries, a retracted third-party statement and retrieved electronic material were found insufficient to sustain an addition as undisclosed income where there was no proven nexus with the assessee and no specific identification of any alleged payment. The material did not show the date, mode or manner of payment, and the witness later denied making any payment to the assessee in cross-examination. The note also records that electronic evidence must meet the admissibility requirements under section 65-B of the Indian Evidence Act, 1872. On that basis, the addition was deleted. Case-Laws Income Tax Tue, 30 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405939