https://www.taxtmi.com/caselaws?id=768743 The ITAT Jaipur allowed the assessee's appeal regarding addition of sundry debtors under section 69A read with section 115BBE. The tribunal held that sundry debtors already recorded in books do not constitute money, bullion, jewellery or valuable articles, making section 69A inapplicable. The tribunal found that the debtor amounts from 2013 and 2014 were neither received nor accounted during the assessment year 2015-16 under consideration, therefore additions could not be made in that year. en-us Thu, 09 Jan 2025 00:00:00 +0530 Sat, 12 Apr 2025 09:28:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768743 The ITAT Jaipur allowed the assessee's appeal regarding addition of sundry debtors under section 69A read with section 115BBE. The tribunal held that sundry debtors already recorded in books do not constitute money, bullion, jewellery or valuable articles, making section 69A inapplicable. The tribunal found that the debtor amounts from 2013 and 2014 were neither received nor accounted during the assessment year 2015-16 under consideration, therefore additions could not be made in that year. Case-Laws Income Tax Thu, 09 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768743