https://www.taxtmi.com/caselaws?id=780570 ITAT MUMBAI - AT held that diary entries seized from an employee and uncorroborated statements (later retracted) cannot support additions; additions under "Capital Gains" and section 69A were deleted for lack of reliable evidence and failure by the AO to summon or corroborate witnesses. Reassessment proceedings were held void ab initio because notices were issued outside the faceless scheme by an unauthorised local AO and assessment orders lacked a valid pre-generated DIN, rendering the proceedings vitiated. A post-hoc enhancement by the appellate authority was disallowed as not based on material before the AO and therefore not maintainable. en-us Fri, 17 Oct 2025 00:00:00 +0530 Sat, 01 Nov 2025 08:17:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780570 ITAT MUMBAI - AT held that diary entries seized from an employee and uncorroborated statements (later retracted) cannot support additions; additions under "Capital Gains" and section 69A were deleted for lack of reliable evidence and failure by the AO to summon or corroborate witnesses. Reassessment proceedings were held void ab initio because notices were issued outside the faceless scheme by an unauthorised local AO and assessment orders lacked a valid pre-generated DIN, rendering the proceedings vitiated. A post-hoc enhancement by the appellate authority was disallowed as not based on material before the AO and therefore not maintainable. Case-Laws Income Tax Fri, 17 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780570