https://www.taxtmi.com/caselaws?id=769923 ITAT Mumbai allowed the assessee's appeal against CIT(A)'s order treating property investment as unexplained income. The assessee provided complete documentation including cheque details from DS Corporation via Union Bank of India and Rs. 5,00,000 received from brothers who received similar builder compensation. ITAT found that CIT(A) failed to verify the explanation despite adequate evidence and violated mandatory provisions under Section 251(2) by enhancing addition without issuing show cause notice. The CIT(A)'s order was quashed. en-us Wed, 16 Apr 2025 00:00:00 +0530 Sat, 03 May 2025 08:34:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769923 ITAT Mumbai allowed the assessee's appeal against CIT(A)'s order treating property investment as unexplained income. The assessee provided complete documentation including cheque details from DS Corporation via Union Bank of India and Rs. 5,00,000 received from brothers who received similar builder compensation. ITAT found that CIT(A) failed to verify the explanation despite adequate evidence and violated mandatory provisions under Section 251(2) by enhancing addition without issuing show cause notice. The CIT(A)'s order was quashed. Case-Laws Income Tax Wed, 16 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769923