https://www.taxtmi.com/caselaws?id=769128 An addition for unexplained investment under section 69B cannot be sustained solely on an unsigned loose sheet recovered from a third party's premises when the paper is neither signed by the assessee nor shown to be in the handwriting of the assessee or the searched person. Where the searched person denies any cash payment and the assessee states that property-related payments were made through banking channels, independent corroborative material is required before the document can support an addition. In the absence of such corroboration, the loose paper has no evidentiary value sufficient to justify the addition, which was deleted. en-us Thu, 17 Apr 2025 00:00:00 +0530 Sat, 19 Apr 2025 08:32:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769128 An addition for unexplained investment under section 69B cannot be sustained solely on an unsigned loose sheet recovered from a third party's premises when the paper is neither signed by the assessee nor shown to be in the handwriting of the assessee or the searched person. Where the searched person denies any cash payment and the assessee states that property-related payments were made through banking channels, independent corroborative material is required before the document can support an addition. In the absence of such corroboration, the loose paper has no evidentiary value sufficient to justify the addition, which was deleted. Case-Laws Income Tax Thu, 17 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769128