https://www.taxtmi.com/caselaws?id=436529 The ITAT allowed the appeal of the assessee, directing the deletion of the addition of Rs.5,90,900/- to the total income. The ITAT held that Section 142A did not apply to a purchased house, and the AO failed to prove unrecorded investments, making the addition under Section 69 unsustainable. en-us Thu, 24 Nov 2022 00:00:00 +0530 Sat, 15 Apr 2023 08:51:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436529 The ITAT allowed the appeal of the assessee, directing the deletion of the addition of Rs.5,90,900/- to the total income. The ITAT held that Section 142A did not apply to a purchased house, and the AO failed to prove unrecorded investments, making the addition under Section 69 unsustainable. Case-Laws Income Tax Thu, 24 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436529