S. 69C : Unexplained expenditure-Bogus purchases-If purchases are accepted in subsequent years, information/reasons based solely on investigation wing report and on statement recorded of third party with no independent satisfaction of AO, no opportunity to cross-examine parties then reopening and addition not sustainable [S. 143(3), 147, 148]
S. 69C : Unexplained expenditure-Cash credits-Method of accounting-Unexplained expenditure-Difference between amount reflected in books of account and in Form 26AS-No defects in the books of account-Addition was deleted [S.68, 133(6), 145, Form No 26AS]
S. 69C : Unexplained expenditure-Expenditure on raising of loan-Notional and hypothetical addition-Cannot be sustained.
S. 69C : Unexplained expenditure-Miscellaneous expenses-Self made vouchers-Allowable as deduction.
S. 69C : Unexplained expenditure-Transportation expenses-Mistake of accountant-Salary expenditure has been shown as expenses along with transportation expenses-Disallowance is not justified.
S. 69C : Unexplained expenditure-Office expenses-Inadvertent error-Salary and wages-Wrongly debited to office expenses-Addition is not justified.
S. 69C : Unexplained expenditure-Site expenses-Support services To telecommunication operators and functioning at more than 3,300 work sites-Not Tenable.[S. 144, 145]
S. 69C : Unexplained expenditure-Undisclosed income declared during search and seizure-Income credited to books of accounts-Corresponding expenditure to also be included-CIT (A) justified in deleting additions.[S. 132(4)]
S. 69C : Unexplained expenditure-Unable to identify the purchasers-Sale of finished goods subject to tax-Entire purchases cannot be disallowed-Addition was restricted to 10% of purchases-Income from undisclosed sources-Fixed deposit in bank-Matter remanded. [S. 68, 26AS]
S. 69C : Unexplained expenditure-Gifts given to beneficiaries of chit fund scheme-Admitted Rs. 3. 2 crores as undisclosed income-Benefit of telescoping has to be given-WhatsApp messages-WhatsApp message sent from assessee’s mobile phone-WhatsApp messages are a dumb document without any corroborative evidence on record-No addition can be made on the basis of said documents. [S. 153A]