A significant ITAT Ahmedabad ruling has nullified a ₹66.95 lakh unexplained investment addition under Section 69A for an NRI taxpayer. The Tribunal recognized genuine reasons for delayed compliance and emphasized the need for natural justice. By directing fresh assessment, the judgment safeguards NRIs from harsh additions during ex-parte proceedings and strengthens their rights in pro... https://www.dineshaarjav.com/blog-detail/itat-ahmedabad-quashes-66-95-lakh-addition-section-69a