https://www.taxtmi.com/highlights?id=96119 Addition under section 40A(2)(b) challenged as based solely on a statement under section 132(4). The tribunal found the assessing officer relied on a misattributed statement (it belonged to a different declarant) and, following precedent that uncorroborated admissions during search cannot alone support assessments, held such statements do not justify additions absent independent evidence - consequence: the addition could not be sustained. Further, the recipient had declared the remuneration and comparative tax consequence showed no tax avoidance motive - consequence: deduction disallowed by AO was deleted and the appeal allowed. - ITAT en-us Sat, 17 Jan 2026 11:52:47 +0530 Sat, 17 Jan 2026 11:52:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=96119 Addition under section 40A(2)(b) challenged as based solely on a statement under section 132(4). The tribunal found the assessing officer relied on a misattributed statement (it belonged to a different declarant) and, following precedent that uncorroborated admissions during search cannot alone support assessments, held such statements do not justify additions absent independent evidence - consequence: the addition could not be sustained. Further, the recipient had declared the remuneration and comparative tax consequence showed no tax avoidance motive - consequence: deduction disallowed by AO was deleted and the appeal allowed. - ITAT Highlights Income Tax Sat, 17 Jan 2026 11:52:47 +0530 https://www.taxtmi.com/highlights?id=96119