https://www.taxtmi.com/caselaws?id=785063 Undisclosed investment alleged as 'on money' for a property purchase was examined with focus on genuineness of seized documents and burden of proof. ITAT analysis found affidavits and sale deeds did not corroborate Revenue's claim and no independent evidence showed payment of 'on money' or corresponding receipt by the seller; circle rate considerations were noted but did not establish taxability. Because the Revenue failed to produce credible corroborative material and the seized document's authenticity and source were unproven, the addition under the unexplained investment allegation was not sustained and the appeal was allowed. en-us Fri, 09 Jan 2026 00:00:00 +0530 Fri, 16 Jan 2026 08:03:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785063 Undisclosed investment alleged as 'on money' for a property purchase was examined with focus on genuineness of seized documents and burden of proof. ITAT analysis found affidavits and sale deeds did not corroborate Revenue's claim and no independent evidence showed payment of 'on money' or corresponding receipt by the seller; circle rate considerations were noted but did not establish taxability. Because the Revenue failed to produce credible corroborative material and the seized document's authenticity and source were unproven, the addition under the unexplained investment allegation was not sustained and the appeal was allowed. Case-Laws Income Tax Fri, 09 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785063