https://www.taxtmi.com/caselaws?id=789022 Addition for unexplained investment based on alleged on-money payment could not be sustained where it rested only on third-party search material and statements, with no independent seized evidence specific to the assessee. The tribunal held that adverse material had to be properly confronted and that reliance on untested statements without allowing cross-examination breached natural justice. In the absence of corroborative evidence linking the assessee to cash over and above recorded consideration, the addition was deleted and the appeals were allowed. en-us Tue, 24 Feb 2026 00:00:00 +0530 Thu, 02 Apr 2026 08:50:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789022 Addition for unexplained investment based on alleged on-money payment could not be sustained where it rested only on third-party search material and statements, with no independent seized evidence specific to the assessee. The tribunal held that adverse material had to be properly confronted and that reliance on untested statements without allowing cross-examination breached natural justice. In the absence of corroborative evidence linking the assessee to cash over and above recorded consideration, the addition was deleted and the appeals were allowed. Case-Laws Income Tax Tue, 24 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789022