https://www.taxtmi.com/caselaws?id=781163 ITAT DELHI allowed the appeal and deleted additions made u/s 68 r.w. s.115BBE relating to unexplained cash deposits during demonetization. The Tribunal found AO did not dispute cash withdrawals or genuineness of reported cash sales, turnover showed normal growth, deposits partly from opening balance and claimed November 2016 cash sales, and books, stock register and DVAT filings were accepted with VAT paid. On these facts AO erred in treating cash sales as unexplained; impugned addition was deleted. en-us Wed, 10 Sep 2025 00:00:00 +0530 Wed, 12 Nov 2025 08:17:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781163 ITAT DELHI allowed the appeal and deleted additions made u/s 68 r.w. s.115BBE relating to unexplained cash deposits during demonetization. The Tribunal found AO did not dispute cash withdrawals or genuineness of reported cash sales, turnover showed normal growth, deposits partly from opening balance and claimed November 2016 cash sales, and books, stock register and DVAT filings were accepted with VAT paid. On these facts AO erred in treating cash sales as unexplained; impugned addition was deleted. Case-Laws Income Tax Wed, 10 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781163