November 6, 2026
Business

Property bought using NRI husband’s funds? ITAT deletes ₹80 lakh tax addition(Soban News)

Mumbai ITAT ruled that a taxpayer cannot be taxed for unexplained investment merely because one remittance document is unavailable if the entire transaction is otherwise backed by credible evidence. 

​Mumbai ITAT ruled that a taxpayer cannot be taxed for unexplained investment merely because one remittance document is unavailable if the entire transaction is otherwise backed by credible evidence.  by Soban News (international And National News)

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