https://www.taxtmi.com/caselaws?id=768884 ITAT Rajkot dismissed revenue's appeal regarding unaccounted cash receipts on land sale. Despite incriminating documents seized during search, assessee was held not liable for receiving 'on-money' as they sold agricultural land to three individuals, not to K. Star Group entity which was subsequent buyer. CIT(A) correctly deleted the addition since assessee was not party to subsequent transaction where cash payment allegedly occurred. ITAT upheld CIT(A)'s decision finding no justification for addition in assessee's hands. en-us Fri, 11 Apr 2025 00:00:00 +0530 Tue, 15 Apr 2025 08:35:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768884 ITAT Rajkot dismissed revenue's appeal regarding unaccounted cash receipts on land sale. Despite incriminating documents seized during search, assessee was held not liable for receiving 'on-money' as they sold agricultural land to three individuals, not to K. Star Group entity which was subsequent buyer. CIT(A) correctly deleted the addition since assessee was not party to subsequent transaction where cash payment allegedly occurred. ITAT upheld CIT(A)'s decision finding no justification for addition in assessee's hands. Case-Laws Income Tax Fri, 11 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768884