Addition purely based on third-party non-compliance is unwarranted: ITAT Ahemedabad. ITAT Ahemdabad in the case of Dushyant M. Pandya v. DCIT, deleted an addition of ₹10,00,000 made under Section 69A of the Income Tax Act, 1961, treating cash deposits during demonetization as unexplained. It held that addition purely based on third-party non-compliance is unwarranted…
The post Addition purely based on third-party non-compliance is unwarranted: ITAT Ahemedabad. appeared first on The Tax Talk.
