https://www.taxtmi.com/caselaws?id=466914 Assessment challenged an unexplained investment addition based on loose sheets seized from a third party locker; the legal issue is whether such third party unsourced, undated, unsigned notings can establish taxability. The key principle applied is that a 'dumb document' requires independent corroboration to link entries to the assessee and to prove actual payments; the burden to establish taxability remains on the revenue. Absent signatures, dates, contextual connection or independent evidence tying the cash entries to the assessee, the addition is unsustainable and was deleted. en-us Mon, 24 Feb 2025 00:00:00 +0530 Thu, 26 Feb 2026 03:24:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466914 Assessment challenged an unexplained investment addition based on loose sheets seized from a third party locker; the legal issue is whether such third party unsourced, undated, unsigned notings can establish taxability. The key principle applied is that a 'dumb document' requires independent corroboration to link entries to the assessee and to prove actual payments; the burden to establish taxability remains on the revenue. Absent signatures, dates, contextual connection or independent evidence tying the cash entries to the assessee, the addition is unsustainable and was deleted. Case-Laws Income Tax Mon, 24 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466914