https://www.taxtmi.com/caselaws?id=790475 Additions under section 153C could not be sustained where the alleged incriminating chats, statements, summary sheets and other electronic material lacked reliable corroboration and did not establish a dependable evidentiary nexus with the assessee. The Tribunal treated the third-party statement and electronic material as insufficiently credible, noting that the relied-upon document was not shown to be a contemporaneous business record and surrounding circumstances did not support the alleged receipt of amounts. On that basis, the Revenue's challenge failed, the departmental appeals were dismissed, and the assessee's cross-objections were dismissed as academic, leaving the first appellate relief undisturbed. en-us Wed, 22 Apr 2026 00:00:00 +0530 Mon, 10 Aug 2026 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790475 Additions under section 153C could not be sustained where the alleged incriminating chats, statements, summary sheets and other electronic material lacked reliable corroboration and did not establish a dependable evidentiary nexus with the assessee. The Tribunal treated the third-party statement and electronic material as insufficiently credible, noting that the relied-upon document was not shown to be a contemporaneous business record and surrounding circumstances did not support the alleged receipt of amounts. On that basis, the Revenue's challenge failed, the departmental appeals were dismissed, and the assessee's cross-objections were dismissed as academic, leaving the first appellate relief undisturbed. Case-Laws Income Tax Wed, 22 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790475