https://www.taxtmi.com/caselaws?id=770608 ITAT Delhi dismissed revenue's appeal regarding additions for estimated cash sales of gold and silver during demonetization period and interest payments treated as unexplained expenditure under section 69C. The tribunal upheld CIT(A)'s deletion of additions, ruling that since assessee had properly reflected actual cash and credit sales in profit and loss account and income tax return, any additional estimates would constitute double addition. The tribunal found no infirmity in CIT(A)'s order deleting the contested additions. en-us Wed, 07 May 2025 00:00:00 +0530 Wed, 14 May 2025 07:48:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770608 ITAT Delhi dismissed revenue's appeal regarding additions for estimated cash sales of gold and silver during demonetization period and interest payments treated as unexplained expenditure under section 69C. The tribunal upheld CIT(A)'s deletion of additions, ruling that since assessee had properly reflected actual cash and credit sales in profit and loss account and income tax return, any additional estimates would constitute double addition. The tribunal found no infirmity in CIT(A)'s order deleting the contested additions. Case-Laws Income Tax Wed, 07 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770608