https://www.taxtmi.com/caselaws?id=463647 ITAT upheld CIT(A)'s restriction of addition under s.69C in respect of undisclosed cash payments, finding that daily unaccounted purchases peaked at Rs.18.50 lakh (15 Jan 2010) and noting the taxpayer had already disclosed Rs.30 lakh in the return. The Tribunal confirmed the addition limited to Rs.36,50,000 (declared Rs.30 lakh plus 5% profit), found no infirmity in the CIT(A)'s order, and dismissed the revenue's appeal. en-us Fri, 01 Aug 2014 00:00:00 +0530 Wed, 10 Sep 2025 19:00:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463647 ITAT upheld CIT(A)'s restriction of addition under s.69C in respect of undisclosed cash payments, finding that daily unaccounted purchases peaked at Rs.18.50 lakh (15 Jan 2010) and noting the taxpayer had already disclosed Rs.30 lakh in the return. The Tribunal confirmed the addition limited to Rs.36,50,000 (declared Rs.30 lakh plus 5% profit), found no infirmity in the CIT(A)'s order, and dismissed the revenue's appeal. Case-Laws Income Tax Fri, 01 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463647