Section 69A: ITAT Endorses a Balanced, Evidence-Based Approach over Blanket Additions Shrenik Manish Mehta vs ITO ITA No.: 7324/Mum/2025 Facts: 1. The assessee, an individual, filed return declaring income of ₹6.30 lakh. Case was selected for scrutiny due to large cash payments towards credit card dues. 2. Total credit card payment: ₹27.65 lakh, out…
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