WhatsApp Chats, Screenshots & Suspicion Can’t Prove On-Money: ITAT Jaipur

Advance Strips Pvt. Ltd. Vs DCIT (ITAT Jaipur) WhatsApp Chats, Screenshots & Suspicion Can’t Prove On-Money: ITAT Deletes ₹9.51 Crore Addition and Quashes U/s 153C Assessment The Jaipur ITAT delivered a significant ruling by quashing the assessment under Section 153C and, on merits, also deleting the addition sustained on account of alleged on-money payment for purchase of land. The case arose from a search on the Om Kothari Group where WhatsApp chats, screenshots and statements of third parties were relied upon to allege that the assessee had paid unaccounted cash over and above t...