https://www.taxtmi.com/caselaws?id=469116 Addition for alleged on-money payment to a builder was unsustainable where the assessment did not explain how the figure was derived and did not identify any direct material, email, or working linking the assessee to the payment. The Tribunal noted that the addition rested on third-party material and statements connected with the builder, but the assessee was not furnished the relied-upon evidence or given an effective opportunity to test it. Applying consistency with a co-ordinate bench decision on substantially similar facts involving the same builder, the Tribunal deleted the addition. en-us Fri, 16 May 2025 00:00:00 +0530 Tue, 02 Jun 2026 21:23:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469116 Addition for alleged on-money payment to a builder was unsustainable where the assessment did not explain how the figure was derived and did not identify any direct material, email, or working linking the assessee to the payment. The Tribunal noted that the addition rested on third-party material and statements connected with the builder, but the assessee was not furnished the relied-upon evidence or given an effective opportunity to test it. Applying consistency with a co-ordinate bench decision on substantially similar facts involving the same builder, the Tribunal deleted the addition. Case-Laws Income Tax Fri, 16 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469116