https://www.taxtmi.com/caselaws?id=307223 The Commissioner of Income Tax (Appeals) deleted the addition made under Section 68 of the Income Tax Act, ruling that the sales were genuine and supported by proper documentation. The application of Section 115BBE was deemed irrelevant due to the deletion of the addition. The Commissioner accepted the books of accounts and stock records, finding no evidence of bogus sales. It was clarified that maintaining customer details for cash sales below a prescribed limit is not mandatory. As a result, the appeal by the revenue was dismissed. en-us Tue, 22 Nov 2022 00:00:00 +0530 Sat, 09 May 2026 13:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307223 The Commissioner of Income Tax (Appeals) deleted the addition made under Section 68 of the Income Tax Act, ruling that the sales were genuine and supported by proper documentation. The application of Section 115BBE was deemed irrelevant due to the deletion of the addition. The Commissioner accepted the books of accounts and stock records, finding no evidence of bogus sales. It was clarified that maintaining customer details for cash sales below a prescribed limit is not mandatory. As a result, the appeal by the revenue was dismissed. Case-Laws Income Tax Tue, 22 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307223