New Delhi, July 25 -- A Mumbai woman has secured relief from the Income Tax Appellate Tribunal (ITAT) after it deleted an addition of Rs.80.10 lakh made under Section 69 of the Income-tax Act, holding that the tax department cannot treat an investment as unexplained solely because one remittance document was unavailable when the overall transaction is supported by sufficient evidence. The ruling came in the case of Sanobar Ajaz Ahmed Saudagar vs Income Tax Officer for Assessment Year 2016-17.

The dispute arose from the purchase of a residential property worth Rs.1.40 crore. The taxpayer had paid Rs.58.50 lakh from her Indian bank account, while her husband, who was employed in Dubai, remitted Rs.80 lakh directly to the seller through a D...