https://www.taxtmi.com/caselaws?id=775741 The ITAT Mumbai held that unexplained investment under section 69A could not be attributed to the assessee where the investment was made by the husband and assessed in his hands. Consequently, no addition under section 69A was warranted against the assessee. The penalty under section 271AAC was also set aside. en-us Mon, 28 Jul 2025 00:00:00 +0530 Wed, 30 Jul 2025 08:21:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775741 The ITAT Mumbai held that unexplained investment under section 69A could not be attributed to the assessee where the investment was made by the husband and assessed in his hands. Consequently, no addition under section 69A was warranted against the assessee. The penalty under section 271AAC was also set aside. Case-Laws Income Tax Mon, 28 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775741