https://www.taxtmi.com/caselaws?id=784997 Addition assessed on account of alleged third-party dump ledger and statement recorded during search is disputed due to inadmissible and editable electronic source and absence of signature; consequence: such ledger alone is insufficient proof. Procedural lapse in not furnishing third-party statement and denying cross-examination infringes right to fair hearing and vitiates reliance on that evidence; consequence: evidentiary weight reduced. Parties consented to an estimated adjustment limited to taxable profit element of 'on-money'; consequence: revenue directed to disallow 30% of Rs.80,000 (Rs.24,000) as income. en-us Mon, 12 Jan 2026 00:00:00 +0530 Thu, 15 Jan 2026 08:41:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784997 Addition assessed on account of alleged third-party dump ledger and statement recorded during search is disputed due to inadmissible and editable electronic source and absence of signature; consequence: such ledger alone is insufficient proof. Procedural lapse in not furnishing third-party statement and denying cross-examination infringes right to fair hearing and vitiates reliance on that evidence; consequence: evidentiary weight reduced. Parties consented to an estimated adjustment limited to taxable profit element of 'on-money'; consequence: revenue directed to disallow 30% of Rs.80,000 (Rs.24,000) as income. Case-Laws Income Tax Mon, 12 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784997