https://www.taxtmi.com/caselaws?id=467813 An addition for alleged on-money payment towards property purchase could not be sustained where it was based only on third-party material, a statement not furnished for effective rebuttal, and a general admission by the developer. In the absence of direct or independently verified corroborative evidence linking the assessee to any undisclosed cash payment, the material was insufficient to establish unexplained investment. The addition was therefore deleted. en-us Thu, 01 Jan 2026 00:00:00 +0530 Sat, 04 Apr 2026 08:51:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467813 An addition for alleged on-money payment towards property purchase could not be sustained where it was based only on third-party material, a statement not furnished for effective rebuttal, and a general admission by the developer. In the absence of direct or independently verified corroborative evidence linking the assessee to any undisclosed cash payment, the material was insufficient to establish unexplained investment. The addition was therefore deleted. Case-Laws Income Tax Thu, 01 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467813