https://www.taxtmi.com/caselaws?id=771310 ITAT Mumbai remanded matter to AO after finding insufficient evidence regarding share trading income addition based on AIR details. Despite assessee's written submission, no credible evidence was provided to support claims. AR argued assessee was never served documents related to alleged transactions and no detailed statement was furnished. ITAT noted assessee failed to file rejoinder before CIT(A). Given lack of substantive material indicating assessee's involvement in transactions, tribunal directed comprehensive verification by AO. Appeal allowed for statistical purposes. en-us Tue, 20 May 2025 00:00:00 +0530 Fri, 23 May 2025 08:46:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771310 ITAT Mumbai remanded matter to AO after finding insufficient evidence regarding share trading income addition based on AIR details. Despite assessee's written submission, no credible evidence was provided to support claims. AR argued assessee was never served documents related to alleged transactions and no detailed statement was furnished. ITAT noted assessee failed to file rejoinder before CIT(A). Given lack of substantive material indicating assessee's involvement in transactions, tribunal directed comprehensive verification by AO. Appeal allowed for statistical purposes. Case-Laws Income Tax Tue, 20 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771310