AdvertisementHeena Dashrath Jhanglani Vs ITO (ITAT Mumbai) The assessee challenged the order of the Commissioner (Appeals) dated 2 January 2018 for Assessment Year 2007-08, disputing, among other issues, an addition of ₹42 lakh made as unexplained investment under Section 69B of the Income-tax Act, 1961. At the hearing before the Tribunal, the assessee confined arguments to the merits of the addition. The assessee had filed her return of income on 29 February 2008, declaring total income of ₹1,70,480, which was initially processed under Section 143(1). Subsequently, a search and seizure operation condu...