https://www.taxtmi.com/caselaws?id=460601 Unexplained-investment additions based on third-party search material require fair disclosure and reliable proof. Adverse seized material and statements relied upon must be supplied to the assessee, and cross-examination must be afforded where requested; otherwise, reliance on such material breaches fair procedure. Pen-drive data seized from a third party and a statement not directly identifying the assessee cannot, without independent corroboration, establish payment of on-money under section 69B. Suspicion arising from uncorroborated third-party material does not prove unexplained investment. On these grounds, the discussed addition was deleted and remaining grounds became academic. en-us Fri, 11 Jan 2019 00:00:00 +0530 Tue, 04 Feb 2025 19:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460601 Unexplained-investment additions based on third-party search material require fair disclosure and reliable proof. Adverse seized material and statements relied upon must be supplied to the assessee, and cross-examination must be afforded where requested; otherwise, reliance on such material breaches fair procedure. Pen-drive data seized from a third party and a statement not directly identifying the assessee cannot, without independent corroboration, establish payment of on-money under section 69B. Suspicion arising from uncorroborated third-party material does not prove unexplained investment. On these grounds, the discussed addition was deleted and remaining grounds became academic. Case-Laws Income Tax Fri, 11 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460601