https://www.taxtmi.com/caselaws?id=802220 Tax additions for alleged on-money payments cannot rest solely on assumptions or presumptions unsupported by evidence linking the taxpayer to the payment. Where neither the assessment nor the lower appellate findings discuss incriminating evidence connecting the taxpayer to the alleged payment, an addition based on such assumptions lacks the evidentiary basis needed to sustain it. en-us Thu, 20 Aug 2026 00:00:00 +0530 Tue, 03 Nov 2026 09:23:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=802220 Tax additions for alleged on-money payments cannot rest solely on assumptions or presumptions unsupported by evidence linking the taxpayer to the payment. Where neither the assessment nor the lower appellate findings discuss incriminating evidence connecting the taxpayer to the alleged payment, an addition based on such assumptions lacks the evidentiary basis needed to sustain it. Case-Laws Income Tax Thu, 20 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=802220