https://www.taxtmi.com/caselaws?id=759021 Third-party WhatsApp chats and a retracted third-party statement, without independent corroboration, cannot by themselves sustain an addition for unexplained expenditure under section 69C. The ITAT Mumbai noted that the assessee was not the source of the electronic record, the alleged message did not name the assessee or show that the cash receipt was on the assessee's behalf, no live link was established through enquiry, and no material emerged from the assessee's search. The electronic record also lacked the section 65B certificate. On that basis, the material was treated only as a trigger for investigation, not proof, and the addition was held unsustainable. en-us Wed, 07 Aug 2024 00:00:00 +0530 Mon, 23 Sep 2024 09:10:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759021 Third-party WhatsApp chats and a retracted third-party statement, without independent corroboration, cannot by themselves sustain an addition for unexplained expenditure under section 69C. The ITAT Mumbai noted that the assessee was not the source of the electronic record, the alleged message did not name the assessee or show that the cash receipt was on the assessee's behalf, no live link was established through enquiry, and no material emerged from the assessee's search. The electronic record also lacked the section 65B certificate. On that basis, the material was treated only as a trigger for investigation, not proof, and the addition was held unsustainable. Case-Laws Income Tax Wed, 07 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759021