https://www.taxtmi.com/caselaws?id=780313 ITAT DELHI - AT allowed the appeal and deleted additions under section 69A. The tribunal found the diary relied upon was recovered from the company's premises/employee, no cash was found with the assessee, and ownership/possession of alleged unaccounted money by the assessee was not established. Only one cheque entry matched the diary; other entries were neither recorded in the assessee's nor the company's books. Accordingly, additions could not be sustained against the assessee and, if at all justified, any liability should be examined in the hands of the company. en-us Fri, 24 Oct 2025 00:00:00 +0530 Tue, 28 Oct 2025 08:33:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780313 ITAT DELHI - AT allowed the appeal and deleted additions under section 69A. The tribunal found the diary relied upon was recovered from the company's premises/employee, no cash was found with the assessee, and ownership/possession of alleged unaccounted money by the assessee was not established. Only one cheque entry matched the diary; other entries were neither recorded in the assessee's nor the company's books. Accordingly, additions could not be sustained against the assessee and, if at all justified, any liability should be examined in the hands of the company. Case-Laws Income Tax Fri, 24 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780313