Addition for Cash Car Purchase Set Aside Because Revenue Relied on Suspicion Without Evidence

Dinesh Kumar Tiwari Vs ITO (ITAT Raipur) The Income Tax Appellate Tribunal (ITAT), Raipur Bench, adjudicated an appeal filed by the assessee against the order of the Commissioner of Income Tax (Appeals)/NFAC dated 17.09.2025 for the assessment year 2017–18. The matter originated from a survey conducted under Section 133A of the Income Tax Act, 1961 in the case of Mahadev Cars Pvt. Ltd. During the survey proceedings, it was noticed that the assessee had purchased a car in cash during the relevant year. A statement on oath was recorded in which the assessee accepted that the amount of ₹12,65...