https://www.taxtmi.com/caselaws?id=752338 ITAT Delhi allowed the assessee's appeal against CIT(A)'s dismissal of rectification application u/s 154. The CIT(A) erroneously assumed that the coordinate Bench had adjudicated on unexplained cash addition issue. ITAT held that the coordinate Bench specifically observed it had not disputed CIT(A)'s findings on unexplained cash addition, meaning this issue remained untouched and unadjudicated. Since the finding was not challenged by Revenue and not adverse to assessee, it didn't require determination in the appeal. The matter was restored to CIT(A) for fresh consideration of the rectification application. en-us Mon, 06 May 2024 00:00:00 +0530 Wed, 08 May 2024 14:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752338 ITAT Delhi allowed the assessee's appeal against CIT(A)'s dismissal of rectification application u/s 154. The CIT(A) erroneously assumed that the coordinate Bench had adjudicated on unexplained cash addition issue. ITAT held that the coordinate Bench specifically observed it had not disputed CIT(A)'s findings on unexplained cash addition, meaning this issue remained untouched and unadjudicated. Since the finding was not challenged by Revenue and not adverse to assessee, it didn't require determination in the appeal. The matter was restored to CIT(A) for fresh consideration of the rectification application. Case-Laws Income Tax Mon, 06 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752338