https://www.taxtmi.com/caselaws?id=791477 Addition for unexplained investment based on alleged on-money for a flat purchase cannot stand on a seized pen drive and a third-party statement alone. Without independent enquiry tracing the cash trail or corroborative material linking the assessees to any extra payment, and where the third party made no specific admission of receipt from them, the alleged cash component remained unproved. Suspicion and uncorroborated third-party material were insufficient to sustain the addition, so it was deleted in favour of the assessees. en-us Fri, 17 Apr 2026 00:00:00 +0530 Tue, 12 May 2026 08:50:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791477 Addition for unexplained investment based on alleged on-money for a flat purchase cannot stand on a seized pen drive and a third-party statement alone. Without independent enquiry tracing the cash trail or corroborative material linking the assessees to any extra payment, and where the third party made no specific admission of receipt from them, the alleged cash component remained unproved. Suspicion and uncorroborated third-party material were insufficient to sustain the addition, so it was deleted in favour of the assessees. Case-Laws Income Tax Fri, 17 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791477