https://www.taxtmi.com/caselaws?id=779353 ITAT dismissed the appeal against an addition of INR 50 lakh for bogus inter-state sales, upholding the CIT(A)'s confirmation of the AO's disallowance. Cash of INR 1,38,000 found at the residence was deleted as family members' sworn statements were accepted. Excess gold stock was partly allowed: 913.160 g credited to a related party and directed deleted, while about 456.537 g was upheld as excess. A silver stock addition of INR 82,000 was deleted after accounting for stock relating to the son. An alleged investment/lottery entry was deleted as amounts related to earlier disclosures under PMGKY/IDS-2016. en-us Tue, 30 Sep 2025 00:00:00 +0530 Sat, 04 Oct 2025 08:22:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779353 ITAT dismissed the appeal against an addition of INR 50 lakh for bogus inter-state sales, upholding the CIT(A)'s confirmation of the AO's disallowance. Cash of INR 1,38,000 found at the residence was deleted as family members' sworn statements were accepted. Excess gold stock was partly allowed: 913.160 g credited to a related party and directed deleted, while about 456.537 g was upheld as excess. A silver stock addition of INR 82,000 was deleted after accounting for stock relating to the son. An alleged investment/lottery entry was deleted as amounts related to earlier disclosures under PMGKY/IDS-2016. Case-Laws Income Tax Tue, 30 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779353