https://www.taxtmi.com/caselaws?id=780159 ITAT (Bangalore) partly allowed the appeal, deleting the addition under s.69A. Applying s.44AD and explanation (f) to s.139(9), the Tribunal accepted bank statements, balances and disclosed gross receipts as satisfactory records and found the CIT(A) erred in rejecting the assessee's explanation. The AO was directed to treat income at 8% of total turnover (accepted by the assessee) rather than making the unexplained cash addition, and to compute tax accordingly. en-us Fri, 17 Oct 2025 00:00:00 +0530 Fri, 24 Oct 2025 09:18:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780159 ITAT (Bangalore) partly allowed the appeal, deleting the addition under s.69A. Applying s.44AD and explanation (f) to s.139(9), the Tribunal accepted bank statements, balances and disclosed gross receipts as satisfactory records and found the CIT(A) erred in rejecting the assessee's explanation. The AO was directed to treat income at 8% of total turnover (accepted by the assessee) rather than making the unexplained cash addition, and to compute tax accordingly. Case-Laws Income Tax Fri, 17 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780159