https://www.taxtmi.com/caselaws?id=59904 In a block assessment, the tribunal held that non-supply of a third party's statement, though shown to the assessee and not confronted earlier, did not by itself amount to a violation of natural justice warranting quashing of the assessment; the challenge to validity therefore failed. On the substantive addition, the tribunal held that a loose sheet recovered from a third person and a vague third-party statement, without furnishing a copy, permitting rebuttal, or allowing cross-examination, could not justify an inference that any sum was paid to the assessee or constituted undisclosed income, especially in light of the assessee's denial; the addition was deleted. The presumption under s.132(9) was held inapplicable as the document was not seized from the assessee. en-us Tue, 13 Jul 1999 00:00:00 +0530 Fri, 19 Dec 2025 17:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59904 In a block assessment, the tribunal held that non-supply of a third party's statement, though shown to the assessee and not confronted earlier, did not by itself amount to a violation of natural justice warranting quashing of the assessment; the challenge to validity therefore failed. On the substantive addition, the tribunal held that a loose sheet recovered from a third person and a vague third-party statement, without furnishing a copy, permitting rebuttal, or allowing cross-examination, could not justify an inference that any sum was paid to the assessee or constituted undisclosed income, especially in light of the assessee's denial; the addition was deleted. The presumption under s.132(9) was held inapplicable as the document was not seized from the assessee. Case-Laws Income Tax Tue, 13 Jul 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59904