https://www.taxtmi.com/caselaws?id=467790 An addition for alleged on-money payment could not be sustained where it rested only on a builder's statement and seized material, without any independent corroborative evidence from the assessee. The ITAT found that such uncorroborated material was insufficient to support the addition. It also noted that the electronic records relied upon by the revenue were not shown to satisfy the admissibility requirement under section 65B of the Indian Evidence Act, 1872. On these grounds, the addition was deleted and the assessee succeeded. en-us Thu, 21 Apr 2022 00:00:00 +0530 Fri, 03 Apr 2026 11:22:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467790 An addition for alleged on-money payment could not be sustained where it rested only on a builder's statement and seized material, without any independent corroborative evidence from the assessee. The ITAT found that such uncorroborated material was insufficient to support the addition. It also noted that the electronic records relied upon by the revenue were not shown to satisfy the admissibility requirement under section 65B of the Indian Evidence Act, 1872. On these grounds, the addition was deleted and the assessee succeeded. Case-Laws Income Tax Thu, 21 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467790