https://www.taxtmi.com/caselaws?id=466088 Unexplained investment assessments founded solely on a third-party statement recorded without affording the taxpayer an opportunity to cross-examine violate the principles of natural justice; such uncorroborated and untested evidence cannot support an addition and must be deleted. Where no independent documentary or reliable admissible material substantiates the alleged cash payment and the only witness was not open to cross-examination, the addition rests on presumption and suspicion, which cannot substitute for proof, rendering the impugned assessment unsustainable in law. en-us Thu, 06 Nov 2025 00:00:00 +0530 Tue, 20 Jan 2026 14:14:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466088 Unexplained investment assessments founded solely on a third-party statement recorded without affording the taxpayer an opportunity to cross-examine violate the principles of natural justice; such uncorroborated and untested evidence cannot support an addition and must be deleted. Where no independent documentary or reliable admissible material substantiates the alleged cash payment and the only witness was not open to cross-examination, the addition rests on presumption and suspicion, which cannot substitute for proof, rendering the impugned assessment unsustainable in law. Case-Laws Income Tax Thu, 06 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466088