Case Law Details
Case Name : Arun I Keshwarni Vs ITO (ITAT Mumbai)
Appeal Number : I.T.A. No. 727/Mum/2023
Date of Judgement/Order : 30/05/2023
Related Assessment Year : 2009-10
Courts :
All ITAT ITAT Mumbai
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Arun I Keshwarni Vs ITO (ITAT Mumbai)
ITAT Mumbai held that once the transaction is duly recorded in the books of accounts and due explanation with regard to source of loan transaction is provided, addition u/s 69A towards unexplained money unsustainable.
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