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ITAT Mumbai Deletes On-Money Additions u/s 69/69B; No Cross-Examination of Excel Data
Case Law Details
- Case Name
- Arvind Khetaram Purohit Vs DCIT Central Circle (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2017-18
- Courts
- All ITAT, ITAT Mumbai
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Arvind Khetaram Purohit Vs DCIT Central Circle (ITAT Mumbai)
ITAT Mumbai Deletes On-Money Additions u/s 69/69B Based on Third-Party Excel Sheets; Denial of Cross-Examination Held Fatal
The Mumbai Bench of the ITAT allowed the assessee’s appeals for AYs 2017-18 and 2018-19 and deleted the additions towards alleged cash “on-money” payments for purchase of a commercial shop, which were made solely on the basis of third-party digital material (Excel sheet) seized during a search on the Rubberwala Group and the statement of a key employee (Shri Imran Ansari).
The Tribunal held that the entire...
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