https://www.taxtmi.com/caselaws?id=468586 An addition for alleged unexplained investment in a shop purchase could not be sustained where the Revenue relied mainly on search statements, an Excel sheet and other third-party material, but produced no independent corroborative evidence of actual cash payment by the assessee. The Tribunal treated the matter as covered by earlier decisions arising from the same search material and found no material distinction. It held that such uncorroborated search evidence was insufficient to establish on-money payment or unexplained investment under section 69, and the addition was deleted. en-us Mon, 19 Jan 2026 00:00:00 +0530 Wed, 13 May 2026 21:06:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468586 An addition for alleged unexplained investment in a shop purchase could not be sustained where the Revenue relied mainly on search statements, an Excel sheet and other third-party material, but produced no independent corroborative evidence of actual cash payment by the assessee. The Tribunal treated the matter as covered by earlier decisions arising from the same search material and found no material distinction. It held that such uncorroborated search evidence was insufficient to establish on-money payment or unexplained investment under section 69, and the addition was deleted. Case-Laws Income Tax Mon, 19 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468586