https://www.taxtmi.com/caselaws?id=766866 ITAT Jaipur remanded the case to AO for fresh verification regarding unexplained money under section 69A. Cash found with employee was treated as assessee's unexplained income, but assessee retracted earlier statement and provided supporting documents. Court noted these records weren't properly verified during assessment. Similarly, excess stock addition was remanded due to lack of clarity on quantity versus valuation differences. Special tax rate under section 115BBE was held consequential to main findings. All grounds allowed for statistical purposes pending fresh assessment. en-us Mon, 09 Sep 2024 00:00:00 +0530 Wed, 05 Mar 2025 09:10:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766866 ITAT Jaipur remanded the case to AO for fresh verification regarding unexplained money under section 69A. Cash found with employee was treated as assessee's unexplained income, but assessee retracted earlier statement and provided supporting documents. Court noted these records weren't properly verified during assessment. Similarly, excess stock addition was remanded due to lack of clarity on quantity versus valuation differences. Special tax rate under section 115BBE was held consequential to main findings. All grounds allowed for statistical purposes pending fresh assessment. Case-Laws Income Tax Mon, 09 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766866