Assessee Proves Investment Sourced from Family; Unexplained Investment Addition deleted

Kshama Sanjay Tripathi Vs ITO (ITAT Ahmedabad)

In the case of Kshama Sanjay Tripathi Vs ITO, the ITAT Ahmedabad ruled on the appeal concerning unexplained investment in property for the Assessment Year 2010-11. The assessee, identified as a non-filer, faced an addition of ₹40,00,000 for property purchase and ₹17,58,500 for cash deposits in her bank account. The Assessing Officer (AO) completed the assessment under Section 144 of the Inc

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