Smt. Jaya Amitabh Bachchan Vs DCIT (ITAT Mumbai)
No Signed Sale Agreement, No Proven Cash Receipt: ITAT Deletes ₹3.94 Crore Additions in Jaya Bachchan’s Case
A proposed Noida property sale led to additions in two years
The Mumbai Bench of the Income Tax Appellate Tribunal has deleted additions of ₹11 lakh and ₹3.83 crore made in the case of Smt. Jaya Amitabh Bachchan in connection with a proposed sale of her Noida property. The first amount was an admitted cheque payment during negotiations. The second was alleged cash consideration inferred principally from a broker’s statement and WhatsApp messages.
The two appeals, ITA No. 283/Mum/2026 and IT(SS)A No. 284/Mum/2026, concerned assessment years 2019–20 and 2020–21, respectively. The Tribunal’s central question was whether the material established that the assessee received or owned the particular amounts in the particular years in which they were added under section 69A.
The document found during the search
A search conducted on 15 January 2021 covered, among others, the premises of property broker Amit Chauhan. Investigators found a document described as an agreement to sell Plot No. B-130, Sector 44, Noida, to Mamta Wadhwa. Dated 25 November 2019, it stated a consideration of ₹4.50 crore, recited payment of ₹1 crore by cheque, and required the balance of ₹3.50 crore by 30 November 2019.
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