https://www.taxtmi.com/caselaws?id=782956 The ITAT Raipur allowed the assessee's appeal, deleting the addition made as unexplained expenditure u/s 69C. The Revenue had treated furniture expenses allegedly incurred by the assessee's spouse as unexplained. The Tribunal, examining the capital account and balance sheet as on 31.03.2017, found that the spouse had sufficient own funds to meet the furniture expenditure of Rs. 17,50,000. In the absence of any contrary material from the Department, the Tribunal held the addition as arbitrary, legally unsustainable, and bad in law, thereby granting full relief to the assessee. en-us Wed, 03 Dec 2025 00:00:00 +0530 Sat, 06 Dec 2025 08:46:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782956 The ITAT Raipur allowed the assessee's appeal, deleting the addition made as unexplained expenditure u/s 69C. The Revenue had treated furniture expenses allegedly incurred by the assessee's spouse as unexplained. The Tribunal, examining the capital account and balance sheet as on 31.03.2017, found that the spouse had sufficient own funds to meet the furniture expenditure of Rs. 17,50,000. In the absence of any contrary material from the Department, the Tribunal held the addition as arbitrary, legally unsustainable, and bad in law, thereby granting full relief to the assessee. Case-Laws Income Tax Wed, 03 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782956