https://www.taxtmi.com/caselaws?id=771932 The ITAT Delhi held that additions under section 69A were not applicable where the assessee had declared profits on cash sales that were already subjected to tax. The tribunal found that the entire cash deposit in specified bank notes could not be brought to tax as the profits were already declared. While the assessee failed to furnish all cash sales bills to lower authorities, only a portion of the addition was sustained with the remaining deleted. Since section 69A provisions were inapplicable, section 115BBE provisions also did not apply. The assessee's appeal was allowed. en-us Tue, 13 May 2025 00:00:00 +0530 Sat, 31 May 2025 10:50:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771932 The ITAT Delhi held that additions under section 69A were not applicable where the assessee had declared profits on cash sales that were already subjected to tax. The tribunal found that the entire cash deposit in specified bank notes could not be brought to tax as the profits were already declared. While the assessee failed to furnish all cash sales bills to lower authorities, only a portion of the addition was sustained with the remaining deleted. Since section 69A provisions were inapplicable, section 115BBE provisions also did not apply. The assessee's appeal was allowed. Case-Laws Income Tax Tue, 13 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771932