Uncorroborated Retracted Statements and Dumb Documents Insufficient for Tax

EI Resorts & Clubs Pvt Ltd Vs DCIT (ITAT Mumbai) Invalid DIN & Faceless Violation Render Reassessment Void-Excel Sheets Are Dumb Documents: ITAT Mumbai Deletes ₹13.55 Cr Addition- Uncorroborated Statements Can’t Tax Imaginary Cash  Key Issue: Additions u/s 69A/69B on basis of excel sheets & statements recorded during search in the case of the Sakseria Group regarding alleged cash investments in land. Facts: Assessee, part of the Sakseria Group, was engaged in acquiring land at Kolgaon. During search on the group on 07-10-2021, Excel sheets were found from the laptop of Mr TNS...