https://www.taxtmi.com/caselaws?id=801949 Uncorroborated third-party statements recorded during search proceedings cannot establish undisclosed cash consideration paid by a flat purchaser unless they specifically link the purchaser to the payment and are supported by independent evidence. The recorded consideration was explained through banking channels, provident-fund withdrawal, loans and accumulated savings. Denial of cross-examination further weakened reliance on the statement. Consequently, the Section 69A addition for alleged on-money payment was deleted. en-us Thu, 24 Sep 2026 00:00:00 +0530 Thu, 29 Oct 2026 06:33:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801949 Uncorroborated third-party statements recorded during search proceedings cannot establish undisclosed cash consideration paid by a flat purchaser unless they specifically link the purchaser to the payment and are supported by independent evidence. The recorded consideration was explained through banking channels, provident-fund withdrawal, loans and accumulated savings. Denial of cross-examination further weakened reliance on the statement. Consequently, the Section 69A addition for alleged on-money payment was deleted. Case-Laws Income Tax Thu, 24 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801949