https://www.taxtmi.com/caselaws?id=775430 The ITAT Delhi held that the addition under section 69A was unsustainable as the assessee, a non-resident Indian and UK citizen, demonstrated that the funds originated from sources outside India, including payments through an NRE account and foreign nationals. Payments made via housing loan were also satisfactorily explained. Further, amounts paid in the prior financial year could not be included in the assessment year 2015-16. Consequently, the addition made by the AO under section 69 was deleted, and the assessee's appeal was allowed. en-us Tue, 22 Jul 2025 00:00:00 +0530 Thu, 24 Jul 2025 13:07:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775430 The ITAT Delhi held that the addition under section 69A was unsustainable as the assessee, a non-resident Indian and UK citizen, demonstrated that the funds originated from sources outside India, including payments through an NRE account and foreign nationals. Payments made via housing loan were also satisfactorily explained. Further, amounts paid in the prior financial year could not be included in the assessment year 2015-16. Consequently, the addition made by the AO under section 69 was deleted, and the assessee's appeal was allowed. Case-Laws Income Tax Tue, 22 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775430