https://www.taxtmi.com/caselaws?id=791532 Addition under section 69A of the Income-tax Act was held unsustainable where it was based only on WhatsApp chats and there was no corroborative evidence of actual purchase, payment, possession, or excess jewellery. The ITAT Delhi noted that the jewellery and gold found during search had already been reconciled and disclosed, and that the revenue relied only on suspicion drawn from electronic chats. As section 69A is a deeming provision requiring material to show ownership or possession of unexplained assets, the absence of supporting evidence meant the addition could not be sustained and was deleted. en-us Fri, 08 May 2026 00:00:00 +0530 Wed, 13 May 2026 08:36:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791532 Addition under section 69A of the Income-tax Act was held unsustainable where it was based only on WhatsApp chats and there was no corroborative evidence of actual purchase, payment, possession, or excess jewellery. The ITAT Delhi noted that the jewellery and gold found during search had already been reconciled and disclosed, and that the revenue relied only on suspicion drawn from electronic chats. As section 69A is a deeming provision requiring material to show ownership or possession of unexplained assets, the absence of supporting evidence meant the addition could not be sustained and was deleted. Case-Laws Income Tax Fri, 08 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791532