https://www.taxtmi.com/caselaws?id=770676 ITAT Raipur remanded three lumpsum additions back to AO for fresh adjudication. First addition for capital investment treated as undisclosed purchase was remanded as assessee provided supporting documents and banking channel evidence, though AO found explanations unsatisfactory. Second addition treating clerical error as short-term capital gain was remanded as depreciation chart showed no sale entries, with AO's inference lacking evidence. Third addition regarding opening stock value changes in furniture and fittings was also remanded as it involved clerical depreciation computation errors requiring verification with supporting evidence. en-us Mon, 20 Jan 2025 00:00:00 +0530 Wed, 14 May 2025 13:27:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770676 ITAT Raipur remanded three lumpsum additions back to AO for fresh adjudication. First addition for capital investment treated as undisclosed purchase was remanded as assessee provided supporting documents and banking channel evidence, though AO found explanations unsatisfactory. Second addition treating clerical error as short-term capital gain was remanded as depreciation chart showed no sale entries, with AO's inference lacking evidence. Third addition regarding opening stock value changes in furniture and fittings was also remanded as it involved clerical depreciation computation errors requiring verification with supporting evidence. Case-Laws Income Tax Mon, 20 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770676