Addition u/s 69 made due to Unavailability of Transaction Information: ITAT grants final Opportunity for Non-Compliance [Read Order]

Addition - Unavailability of Transaction Information - Transaction Information - ITAT - taxscan

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) granted a final opportunity to the assessee for non-compliance even after the appellate stage due to an addition under Section 69 of the Income Tax Act, 1961 made due to unavailability of transaction information. The assessee is an individual who did not file the return…

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