https://www.taxtmi.com/caselaws?id=467789 An addition for alleged cash payment toward purchase of a flat was held unsustainable where it rested only on a promoter's search statement and seized electronic material from the builder's premises. The Tribunal found no independent corroboration from the assessee, and held that a search statement by itself cannot fasten liability on a third party. The electronic material was also treated as inadmissible because the requirements governing electronic evidence were not shown to be satisfied. On that basis, the addition was deleted. en-us Thu, 16 Jun 2022 00:00:00 +0530 Fri, 03 Apr 2026 11:22:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467789 An addition for alleged cash payment toward purchase of a flat was held unsustainable where it rested only on a promoter's search statement and seized electronic material from the builder's premises. The Tribunal found no independent corroboration from the assessee, and held that a search statement by itself cannot fasten liability on a third party. The electronic material was also treated as inadmissible because the requirements governing electronic evidence were not shown to be satisfied. On that basis, the addition was deleted. Case-Laws Income Tax Thu, 16 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467789