https://www.taxtmi.com/caselaws?id=792957 Third-party seized material cannot, by itself, support an addition against an assessee without corroborative evidence such as a cash trail, withdrawal proof, confirmation, or acknowledgment; the presumption under section 132(4A) read with section 292C is not applied against the assessee on uncorroborated third-party material. A receipt linked to a joint development agreement must be examined under the capital gains framework by considering transfer under section 2(47) and timing under section 45, rather than being assessed as income from other sources under section 56. The note states that both additions were deleted. en-us Fri, 15 May 2026 00:00:00 +0530 Sat, 06 Jun 2026 08:42:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792957 Third-party seized material cannot, by itself, support an addition against an assessee without corroborative evidence such as a cash trail, withdrawal proof, confirmation, or acknowledgment; the presumption under section 132(4A) read with section 292C is not applied against the assessee on uncorroborated third-party material. A receipt linked to a joint development agreement must be examined under the capital gains framework by considering transfer under section 2(47) and timing under section 45, rather than being assessed as income from other sources under section 56. The note states that both additions were deleted. Case-Laws Income Tax Fri, 15 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792957