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ITAT Mumbai Deleted Alleged Cash On-Money Addition for Lack of Corroborative Evidence

Case Law Details

Case Name
Jayantilal Purohit Vs DCIT  (ITAT Mumbai)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
201-20
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Jayantilal Purohit Vs DCIT  (ITAT Mumbai) Alleged Cash On-Money in Shop Purchases and the Limits of Section 69 Additions: ITAT Mumbai Strikes Down Additions for Want of Proof The decision of the Mumbai Bench of the Income Tax Appellate Tribunal, Mumbai Bench in Jayantilal Purohit v. Deputy Commissioner of Income Tax, Central Circle–4(2), Mumbai (ITA Nos. 5682, 5683 and 5684/Mum/2025, order dated 30 December 2025) once again reinforces the settled legal position that additions under Section 69 of the Income-tax Act, 1961 cannot be sustained merely on the basis of third-party statements or ...
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