https://www.taxtmi.com/caselaws?id=468364 Contemporaneous digital records, WhatsApp communications and a statement recorded during search can support an addition for unexplained investment where they corroborate the transaction and the later retraction is delayed and unsupported by credible evidence of coercion or error. On those facts, the addition of the cash component was sustained. An addition for unexplained expenditure may, however, be set aside for fresh examination where the supporting bank statements and related particulars were not adequately verified and further inquiry is needed. The result was partial relief only, with one addition upheld and the other remanded for verification. en-us Thu, 20 Jul 2023 00:00:00 +0530 Fri, 01 May 2026 13:04:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468364 Contemporaneous digital records, WhatsApp communications and a statement recorded during search can support an addition for unexplained investment where they corroborate the transaction and the later retraction is delayed and unsupported by credible evidence of coercion or error. On those facts, the addition of the cash component was sustained. An addition for unexplained expenditure may, however, be set aside for fresh examination where the supporting bank statements and related particulars were not adequately verified and further inquiry is needed. The result was partial relief only, with one addition upheld and the other remanded for verification. Case-Laws Income Tax Thu, 20 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468364