https://www.taxtmi.com/caselaws?id=774972 ITAT Mumbai allowed the assessee's appeal and deleted the addition of Rs. 50 lakhs made under section 69A read with section 115BBE. The AO had made the addition based solely on WhatsApp communications between the assessee and a third party regarding an alleged cash payment for property purchase from another individual in 2011. The tribunal held that the AO failed to produce material evidence demonstrating the assessee owned the cash amount or made the alleged payment. The property seller denied receiving any cash payment, and no physical cash or documentation was found to support the addition. The tribunal emphasized that mere WhatsApp communications with a third party, who was not involved in the original 2011 transaction, cannot justify invoking section 69A provisions in assessment year 2022-23 without concrete evidence of undisclosed investment. en-us Mon, 30 Jun 2025 00:00:00 +0530 Thu, 17 Jul 2025 08:19:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774972 ITAT Mumbai allowed the assessee's appeal and deleted the addition of Rs. 50 lakhs made under section 69A read with section 115BBE. The AO had made the addition based solely on WhatsApp communications between the assessee and a third party regarding an alleged cash payment for property purchase from another individual in 2011. The tribunal held that the AO failed to produce material evidence demonstrating the assessee owned the cash amount or made the alleged payment. The property seller denied receiving any cash payment, and no physical cash or documentation was found to support the addition. The tribunal emphasized that mere WhatsApp communications with a third party, who was not involved in the original 2011 transaction, cannot justify invoking section 69A provisions in assessment year 2022-23 without concrete evidence of undisclosed investment. Case-Laws Income Tax Mon, 30 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774972