https://www.taxtmi.com/caselaws?id=799367 Uncorroborated digital data and documents seized from an independent third-party broker cannot, by themselves, establish an assessee's undisclosed on-money receipts in an assessment under section 143(3). The presumption concerning seized material under section 132(4) is confined to the person from whom the material is recovered. Where no incriminating material is found from the assessee and the broker is neither an employee nor a partner or director, independent corroborative evidence is required before attributing alleged sale receipts to the assessee. en-us Wed, 11 Feb 2026 00:00:00 +0530 Mon, 21 Sep 2026 08:57:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799367 Uncorroborated digital data and documents seized from an independent third-party broker cannot, by themselves, establish an assessee's undisclosed on-money receipts in an assessment under section 143(3). The presumption concerning seized material under section 132(4) is confined to the person from whom the material is recovered. Where no incriminating material is found from the assessee and the broker is neither an employee nor a partner or director, independent corroborative evidence is required before attributing alleged sale receipts to the assessee. Case-Laws Income Tax Wed, 11 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799367