Case Law Analysis
|Income Tax Appellate Tribunal
Section 69A IT Act | Unexplained Credit Addition Invalid Without Holistic Scrutiny of Source Documents : ITAT Kolkata
ITAT Kolkata quashes addition under Section 69A where the Assessing Officer relied on mere arithmetic differences without examining supporting documents. The ruling reinforces that unexplained credits must be analyzed contextually, not just numerically, to uphold natural justice in tax assessments.