­­ITAT Deletes Addition made by AO on Ground of Joint Account Income cannot be Considered as Unexplained Money u/s 69A of Income Tax Act [Read Order]

By Shabna Rahim - On July 6, 2023 10:00 pm - 2 mins read
ITAT Deletes Addition made by AO on Ground of Joint Account Income cannot be Considered as Unexplained Money - Income Tax Act - TAXSCAN

The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) deleted an addition made by the assessing officer on the ground of joint account income does not considered as unexplained income under section 69A of the Income Tax Act,1961.  Rammohan Kordale, the appellant assessee appealed against the order passed by the Commissioner of Income Tax…

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