ITAT Ahmedabad Deletes Sec 69 Additions; NRI Property, Cash & Stamp Duty Explained with Bank Evidence After DRP Relief

Sureshkumar Kasturram Purohit Vs ITO (ITAT Ahmedabad) NRI Property Investment – Additions U/s 69 Deleted After DRP Relief – Cash Deposit & Stamp Duty Explained with Bank Evidence – ITAT Ahmedabad The assessee, a US-based NRI, faced reassessment relating to investment in a residential flat, where additions were proposed u/s 69 for unexplained investment. While DRP granted substantial relief by accepting documentary evidence for most payments, it sustained addition of ₹5.32 lakh relating to cash deposit, stamp duty and registration charges. Before ITAT, the assessee produ...