https://www.taxtmi.com/caselaws?id=759021 The ITAT Mumbai deleted an addition of Rs. 80,00,000/- made u/s 69C against the assessee based on third party statements and WhatsApp messages. The addition was made solely on a WhatsApp message "Received80@Dubai" found in a third party's mobile and statement of another person, with no corroborative evidence from the assessee's possession. The tribunal held that the WhatsApp message was not from the assessee's mobile, the third parties had no connection with the assessee, and their statements nowhere implicated the assessee in the alleged cash transaction. The AO failed to establish any business relationship between the parties and denied cross-examination opportunity, making the addition 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 The ITAT Mumbai deleted an addition of Rs. 80,00,000/- made u/s 69C against the assessee based on third party statements and WhatsApp messages. The addition was made solely on a WhatsApp message "Received80@Dubai" found in a third party's mobile and statement of another person, with no corroborative evidence from the assessee's possession. The tribunal held that the WhatsApp message was not from the assessee's mobile, the third parties had no connection with the assessee, and their statements nowhere implicated the assessee in the alleged cash transaction. The AO failed to establish any business relationship between the parties and denied cross-examination opportunity, making the addition unsustainable. Case-Laws Income Tax Wed, 07 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759021