https://www.taxtmi.com/caselaws?id=768730 The ITAT Delhi ruled in favor of the assessee regarding an addition treated as income from other sources under section 56(2)(viib). The tribunal found the issue was covered by the precedent in Sakshi Fincap case and noted that the difference was 0.88%, which fell below the 10% threshold specified in the relevant notification. Consequently, the tribunal allowed the grounds raised by the assessee and deleted the addition. en-us Wed, 09 Apr 2025 00:00:00 +0530 Sat, 12 Apr 2025 08:39:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768730 The ITAT Delhi ruled in favor of the assessee regarding an addition treated as income from other sources under section 56(2)(viib). The tribunal found the issue was covered by the precedent in Sakshi Fincap case and noted that the difference was 0.88%, which fell below the 10% threshold specified in the relevant notification. Consequently, the tribunal allowed the grounds raised by the assessee and deleted the addition. Case-Laws Income Tax Wed, 09 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768730