https://www.taxtmi.com/caselaws?id=776717 ITAT (Del) AT deleted additions under section 68 r.w.s. 115BBE, holding that the AO failed to record specific dissatisfaction or rebut the assessee's explanation and supporting books (audited financials, sale/purchase/stock registers, cash book). The tribunal found no specific defects in the accounts and held section 68 inapplicable. It also noted the AO did not invoke section 145(3), so sales for October-November 2016 could not be treated as excessive; the additions were therefore deleted. en-us Wed, 06 Aug 2025 00:00:00 +0530 Mon, 18 Aug 2025 08:39:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776717 ITAT (Del) AT deleted additions under section 68 r.w.s. 115BBE, holding that the AO failed to record specific dissatisfaction or rebut the assessee's explanation and supporting books (audited financials, sale/purchase/stock registers, cash book). The tribunal found no specific defects in the accounts and held section 68 inapplicable. It also noted the AO did not invoke section 145(3), so sales for October-November 2016 could not be treated as excessive; the additions were therefore deleted. Case-Laws Income Tax Wed, 06 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776717