₹32 Lakh Cash Addition Confirmed as M-Pesa “Conduit” Claim Lacked Proof

Milind Amrut Patil Vs ITO (ITAT Mumbai)

Claim of Acting as Mere “Conduit” through M-Pesa Rejected – ₹32.22 Lakh Cash Deposit Treated as Unexplained & Appeal Dismissed

Assessee’s appeal before ITAT challenged the NFAC order dated 04-07-2025 confirming addition of ₹32,22,775/- u/s 69A as unexplained cash deposit. When the case was called, no one appeared for the Assessee, & the adjournment request received through email contained no valid reason. Tribunal held that adjournment is not a matter of right & found the request casual & di

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