https://www.taxtmi.com/caselaws?id=469508 Corroborative evidence showing the source and genuineness of a disputed transaction can defeat additions for unexplained investment or cash credit; an unregistered agreement may still be considered for collateral purposes when testing the transaction's genuineness. On the first issue, the Tribunal accepted the assessee's explanation supported by the husband's and son's statements and deleted the addition for unexplained investment. On the second issue, where bank evidence and surrounding facts were not enough for a final finding and one alleged recipient had died, the Tribunal remanded the matter for fresh factual inquiry and a new decision after hearing the assessee. en-us Fri, 07 Mar 2025 00:00:00 +0530 Fri, 19 Jun 2026 19:55:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469508 Corroborative evidence showing the source and genuineness of a disputed transaction can defeat additions for unexplained investment or cash credit; an unregistered agreement may still be considered for collateral purposes when testing the transaction's genuineness. On the first issue, the Tribunal accepted the assessee's explanation supported by the husband's and son's statements and deleted the addition for unexplained investment. On the second issue, where bank evidence and surrounding facts were not enough for a final finding and one alleged recipient had died, the Tribunal remanded the matter for fresh factual inquiry and a new decision after hearing the assessee. Case-Laws Income Tax Fri, 07 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469508