https://www.taxtmi.com/caselaws?id=777171 ITAT, Mumbai held that additions under section 69A and under section 143(3) r.w.s. 153C in respect of alleged undisclosed receipts were not sustainable. The group had declared substantial additional income including on-money, and an affiliate confirmed by affidavit that the assessee received certain amounts on behalf of the group, negating personal liability. A separate receipt of Rs. 1,00,000 fell outside the assessment period and could not be taxed in AY 2014-15. The addition under section 69A is deleted and the ground is allowed. en-us Wed, 08 Jan 2025 00:00:00 +0530 Sat, 23 Aug 2025 12:21:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777171 ITAT, Mumbai held that additions under section 69A and under section 143(3) r.w.s. 153C in respect of alleged undisclosed receipts were not sustainable. The group had declared substantial additional income including on-money, and an affiliate confirmed by affidavit that the assessee received certain amounts on behalf of the group, negating personal liability. A separate receipt of Rs. 1,00,000 fell outside the assessment period and could not be taxed in AY 2014-15. The addition under section 69A is deleted and the ground is allowed. Case-Laws Income Tax Wed, 08 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777171