Section 69A Addition Deleted After NRI Husband’s Creditworthiness Established

Suman Sangwan Vs ITO (ITAT Delhi)

Husband’s Funds Explained, No Source-of-Source Burden: Delhi ITAT Deletes ₹3.5 Cr Addition on Partner’s Capital Contribution; Capital Contribution Cannot Be Treated as Unexplained When Funded by Credible Source; No Addition Permissible Once Identity, Source and Creditworthiness Are Proven; Source of Source Cannot Be Demanded Beyond Proven Bank Trail; Reassessment Addition Fails Due to Ignoring Documentary Bank Evidence; Capital Introduced Through Banking Channels Cannot Be Branded Unexplained; Creditwor

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