https://www.taxtmi.com/caselaws?id=468558 Third-party search statements and seized material could not justify an unexplained investment or on-money addition where the assessee was not confronted with the adverse material, no effective cross-examination was provided, and no independent evidence linked the assessee to the alleged cash payment. The Tribunal followed co-ordinate bench authority on identical facts and applied the settled rule that uncorroborated third-party material, by itself, is insufficient for an addition. The absence of any specific reference to the assessee in the relied-upon material further weakened the Revenue's case, and the addition was deleted. en-us Mon, 19 Jan 2026 00:00:00 +0530 Tue, 12 May 2026 19:15:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468558 Third-party search statements and seized material could not justify an unexplained investment or on-money addition where the assessee was not confronted with the adverse material, no effective cross-examination was provided, and no independent evidence linked the assessee to the alleged cash payment. The Tribunal followed co-ordinate bench authority on identical facts and applied the settled rule that uncorroborated third-party material, by itself, is insufficient for an addition. The absence of any specific reference to the assessee in the relied-upon material further weakened the Revenue's case, and the addition was deleted. Case-Laws Income Tax Mon, 19 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468558