WhatsApp Chats without proof of completed transactions Cannot Justify Section 69A Additions: ITAT Mumbai

Naresh Bhavanji Chheda Vs ACIT (ITAT Mumbai) ITAT Deletes Section 69A Additions Due to Lack of Corroborative Evidence; No Section 69A Addition Without Physical Cash Found During Search: ITAT; ITAT Rejects Additions Based Solely on Third-Party Search Material; Denial of Cross-Examination Makes Tax Addition Unsustainable: ITAT Mumbai; Uncorroborated Mobile Phone Entries Cannot Support Tax Addition: ITAT; ITAT Holds Presumption Under Sections 132(4A) and 292C Limited to Document Holder; Section 69A Cannot Apply to Alleged Receipts Not Physically Found: ITAT In the case of Naresh Bhavanji Chheda V...