https://www.taxtmi.com/caselaws?id=773979 The ITAT Delhi held that additions under section 68 read with section 115BBE for cash sales proceeds from metal scrap were unjustified. The tribunal ruled that amounts already included in audited sales figures cannot be taxed again without rejecting the books of accounts. Since the assessee provided supporting documents for cash sales without any pointed defects, and the same sales figures were accepted under VAT/GST assessments, the addition based on surmises was deleted. The tribunal emphasized that dual treatment of identical amounts is impermissible when books remain unrejected. en-us Fri, 27 Jun 2025 00:00:00 +0530 Tue, 01 Jul 2025 08:47:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773979 The ITAT Delhi held that additions under section 68 read with section 115BBE for cash sales proceeds from metal scrap were unjustified. The tribunal ruled that amounts already included in audited sales figures cannot be taxed again without rejecting the books of accounts. Since the assessee provided supporting documents for cash sales without any pointed defects, and the same sales figures were accepted under VAT/GST assessments, the addition based on surmises was deleted. The tribunal emphasized that dual treatment of identical amounts is impermissible when books remain unrejected. Case-Laws Income Tax Fri, 27 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773979