https://www.taxtmi.com/caselaws?id=778705 ITAT DELHI - AT upheld the addition under s.153C, finding the seized gift document to be incriminating and belonging to the assessee. However, additions under ss.69 r.w.s.115BBE treating the entire gifted sum as unexplained were largely deleted for lack of inquiry and cogent evidence. A residual unexplained amount of Rs.1,45,430 remains requiring factual verification. The AO and CIT(A) orders are set aside to the extent challenged, and the matter is restored to the file of the AO for fresh verification of the balance item. en-us Wed, 17 Sep 2025 00:00:00 +0530 Sat, 20 Sep 2025 08:38:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778705 ITAT DELHI - AT upheld the addition under s.153C, finding the seized gift document to be incriminating and belonging to the assessee. However, additions under ss.69 r.w.s.115BBE treating the entire gifted sum as unexplained were largely deleted for lack of inquiry and cogent evidence. A residual unexplained amount of Rs.1,45,430 remains requiring factual verification. The AO and CIT(A) orders are set aside to the extent challenged, and the matter is restored to the file of the AO for fresh verification of the balance item. Case-Laws Income Tax Wed, 17 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778705