https://www.taxtmi.com/caselaws?id=369783 The Tribunal allowed the appeals and directed the AO to delete the additions made under Section 69A for the assessment years 2006-07 and 2007-08 in the case of the appellants. The Tribunal emphasized the importance of establishing ownership and linkage to Indian income for taxability under the Income Tax Act, concluding that the appellants were not the owners of the money in the HSBC accounts. en-us Tue, 30 Oct 2018 00:00:00 +0530 Thu, 01 Nov 2018 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369783 The Tribunal allowed the appeals and directed the AO to delete the additions made under Section 69A for the assessment years 2006-07 and 2007-08 in the case of the appellants. The Tribunal emphasized the importance of establishing ownership and linkage to Indian income for taxability under the Income Tax Act, concluding that the appellants were not the owners of the money in the HSBC accounts. Case-Laws Income Tax Tue, 30 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369783