ITAT Deletes Section 69 Addition on Alleged Flat Purchase On-Money:
ITAT Mumbai deletes unexplained investment addition as builder statement lacked independent evidence against assessee.
Third-party statements alone cannot prove unexplained on-money payment, rules ITAT.
Meetu Kumari
Jul 20, 2026
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ITAT Deletes Section 69 Addition on Alleged Flat Purchase On-Money
ITAT Mumbai deletes unexplained investment addition as builder statement lacked independent evidence against assessee.
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Meetu Kumari
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Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
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