https://www.taxtmi.com/caselaws?id=469171 In search assessment proceedings, third-party material cannot be used against an assessee without following the statutory route applicable to such material and without effective supply of relied-upon papers and confrontation. Additions must also rest on evidence, nexus and the preponderance of probabilities: cash deposits were to be estimated in light of the brokerage business and account turnover, agricultural income was accepted on the facts, marriage-expense addition failed for lack of corroboration, and interest disallowance survived only to the extent the assessee did not prove the use of borrowed funds for the claimed purpose. en-us Tue, 20 May 2025 00:00:00 +0530 Sat, 06 Jun 2026 20:01:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469171 In search assessment proceedings, third-party material cannot be used against an assessee without following the statutory route applicable to such material and without effective supply of relied-upon papers and confrontation. Additions must also rest on evidence, nexus and the preponderance of probabilities: cash deposits were to be estimated in light of the brokerage business and account turnover, agricultural income was accepted on the facts, marriage-expense addition failed for lack of corroboration, and interest disallowance survived only to the extent the assessee did not prove the use of borrowed funds for the claimed purpose. Case-Laws Income Tax Tue, 20 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469171