https://www.taxtmi.com/caselaws?id=463286 ITAT, Indore upheld the CIT(A)'s deletions and dismissed the appeal. The tribunal found the addition treating a shown profit as business income unsustainable since it was offered as short-term capital gain in the return (double taxation), and deleted the addition. Additions relating to an outstanding amount (BRS), advances/loans received, advances against orders, and advances given were also found unsupported after the AO's remand report confirmed bank and book entries; those additions were deleted and the deletions were upheld. en-us Tue, 14 Feb 2023 00:00:00 +0530 Fri, 22 Aug 2025 08:36:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463286 ITAT, Indore upheld the CIT(A)'s deletions and dismissed the appeal. The tribunal found the addition treating a shown profit as business income unsustainable since it was offered as short-term capital gain in the return (double taxation), and deleted the addition. Additions relating to an outstanding amount (BRS), advances/loans received, advances against orders, and advances given were also found unsupported after the AO's remand report confirmed bank and book entries; those additions were deleted and the deletions were upheld. Case-Laws Income Tax Tue, 14 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463286