https://www.taxtmi.com/caselaws?id=786156 Issue concerns an addition treated as unexplained cash payment; the revenue relied on search-derived material and an excel sheet to allege cash exchange. The tribunal held that the onus lay on the assessing officer to prove cash payment with cogent evidence, and the assessee discharged contention with written agreement, bank statements, Form 26AS entries and a confirmation affidavit denying cash payment. The AO's allegations remained unsubstantiated and additions could not rest on mere presumptions. Consequence: addition was rejected and the assessee's appeal was allowed. en-us Wed, 07 Jan 2026 00:00:00 +0530 Sat, 07 Feb 2026 07:19:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786156 Issue concerns an addition treated as unexplained cash payment; the revenue relied on search-derived material and an excel sheet to allege cash exchange. The tribunal held that the onus lay on the assessing officer to prove cash payment with cogent evidence, and the assessee discharged contention with written agreement, bank statements, Form 26AS entries and a confirmation affidavit denying cash payment. The AO's allegations remained unsubstantiated and additions could not rest on mere presumptions. Consequence: addition was rejected and the assessee's appeal was allowed. Case-Laws Income Tax Wed, 07 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786156