Can WhatsApp chats, spreadsheets and handwritten notes prove that a taxpayer received undisclosed cash from a property sale? It depends on whether the evidence is carefully examined and the taxpayer gets a fair opportunity to challenge it.
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) recently quashed the assessment and the related penalty tax notice in a case involving an individual taxpayer. The taxpayer was accused of receiving Rs 1.70 crore in cash from a property sale in Delhi.
