https://www.taxtmi.com/caselaws?id=772834 ITAT Ahmedabad held that additions under sections 69A and 69C read with section 115BBE were unwarranted as cash flows from seized materials were already comprehensively taxed in another assessee's case. The tribunal upheld CIT(A)'s deletion of additions, finding them consistent with coordinate bench findings. AO was directed to complete verification within two months without making fresh additions, with jurisdiction limited to verification only. The deletions were affirmed without interference. en-us Tue, 22 Apr 2025 00:00:00 +0530 Thu, 12 Jun 2025 14:32:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772834 ITAT Ahmedabad held that additions under sections 69A and 69C read with section 115BBE were unwarranted as cash flows from seized materials were already comprehensively taxed in another assessee's case. The tribunal upheld CIT(A)'s deletion of additions, finding them consistent with coordinate bench findings. AO was directed to complete verification within two months without making fresh additions, with jurisdiction limited to verification only. The deletions were affirmed without interference. Case-Laws Income Tax Tue, 22 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772834