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ITAT Mumbai Rules Bank Passbook Alone Cannot Sustain Section 68 Cash Credit Additions
Discover how the Mumbai ITAT deleted a substantial tax addition, ruling that bank passbook entries alone cannot justify Section 68 or 69A additions.
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ITAT Jaipur Rules WhatsApp Chats Alone Cannot Justify Section 69A Tax Addition
ITAT Jaipur deletes a Rs 24.20 lakh addition under Section 69A, ruling that digital chat records without physical cash recovery are insufficient.
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ITAT Mumbai Deletes Rs 30 Lakh Unexplained Money Addition Under Section 69A
ITAT Mumbai deletes a Rs 30 lakh addition under Section 69A after accepting foreign salary savings as a valid source of funds.