https://www.taxtmi.com/caselaws?id=752480 An addition for unexplained money under section 69A cannot be sustained solely on WhatsApp chat printouts unless the electronic material is supported by independent corroboration and the alleged cash, foreign currency, or other asset is actually found or otherwise established. Where the amount is inferred from chat messages without any physical recovery or reliable supporting evidence, the chats alone do not prove an unexplained money transaction attributable to the assessee. The deeming provision therefore cannot be applied on conjecture, and the addition is deleted. en-us Mon, 01 Jan 2024 00:00:00 +0530 Fri, 10 May 2024 11:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752480 An addition for unexplained money under section 69A cannot be sustained solely on WhatsApp chat printouts unless the electronic material is supported by independent corroboration and the alleged cash, foreign currency, or other asset is actually found or otherwise established. Where the amount is inferred from chat messages without any physical recovery or reliable supporting evidence, the chats alone do not prove an unexplained money transaction attributable to the assessee. The deeming provision therefore cannot be applied on conjecture, and the addition is deleted. Case-Laws Income Tax Mon, 01 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752480