https://www.taxtmi.com/caselaws?id=776691 The ITAT Rajkot held that protective additions under section 69A are temporary and meant to safeguard revenue interests when the real owner of income is uncertain. Since the substantive addition of the same amount was confirmed in the hands of the real owner under section 147 read with sections 144/144B, the protective addition in the assessee's hands was deleted. The appeal filed by the assessee was allowed. en-us Tue, 07 Jan 2025 00:00:00 +0530 Sat, 16 Aug 2025 10:11:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776691 The ITAT Rajkot held that protective additions under section 69A are temporary and meant to safeguard revenue interests when the real owner of income is uncertain. Since the substantive addition of the same amount was confirmed in the hands of the real owner under section 147 read with sections 144/144B, the protective addition in the assessee's hands was deleted. The appeal filed by the assessee was allowed. Case-Laws Income Tax Tue, 07 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776691