This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Section 69A Addition Deleted After NRI Husband’s Creditworthiness Established
Case Law Details
- Case Name
- Suman Sangwan Vs ITO (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2017-18
- Courts
- All ITAT, ITAT Delhi
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
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; Creditworthiness of NRI Contributor Proves Legitimacy of Part...
Author Info
