https://www.taxtmi.com/caselaws?id=469526 Third-party search material and statements were insufficient to sustain an addition as unexplained expenditure under section 69C when the assessee was not given the incriminating material or cross-examination of the deponents. The record also failed to establish that any purchase was actually incurred by the assessee, whether the alleged amount was wholly unrecorded or partly recorded, or even the concern to which the transaction related. In the absence of corroborative evidence directly linking the assessee to the expenditure, section 69C could not be invoked. The addition was deleted. en-us Fri, 07 Mar 2025 00:00:00 +0530 Sat, 20 Jun 2026 21:58:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469526 Third-party search material and statements were insufficient to sustain an addition as unexplained expenditure under section 69C when the assessee was not given the incriminating material or cross-examination of the deponents. The record also failed to establish that any purchase was actually incurred by the assessee, whether the alleged amount was wholly unrecorded or partly recorded, or even the concern to which the transaction related. In the absence of corroborative evidence directly linking the assessee to the expenditure, section 69C could not be invoked. The addition was deleted. Case-Laws Income Tax Fri, 07 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469526