https://www.taxtmi.com/caselaws?id=793093 Addition for alleged cash payment on purchase of immovable property could not be sustained where it was based only on a third party's search material and employee statements. The assessee denied any on-money payment, no independent corroborative evidence was produced, and cross-examination of the persons relied upon was not allowed. On that record, the material was insufficient to prove unexplained investment, and the addition was deleted. en-us Tue, 12 May 2026 00:00:00 +0530 Tue, 09 Jun 2026 07:50:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793093 Addition for alleged cash payment on purchase of immovable property could not be sustained where it was based only on a third party's search material and employee statements. The assessee denied any on-money payment, no independent corroborative evidence was produced, and cross-examination of the persons relied upon was not allowed. On that record, the material was insufficient to prove unexplained investment, and the addition was deleted. Case-Laws Income Tax Tue, 12 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793093