Merely Absence of PAN or Email Address in Sale Confirmation Cannot Prove Transaction Bogus, Holds ITAT:

ITAT deleted the Rs 21.81 lakh addition, holding that spelling errors and missing PAN or email details in the purchaser’s confirmation could not by themselves establish a bogus transaction.
ITAT Deletes Rs 21.81 Lakh Over Eucalyptus Tree Sale

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Merely Absence of PAN or Email Address in Sale Confirmation Cannot Prove Transaction Bogus, Holds ITAT
ITAT deleted the Rs 21.81 lakh addition, holding that spelling errors and missing PAN or email details in the purchaser’s confirmation could not by themselves establish a bogus transaction.
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Saloni Kumari
Content Writer
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
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