https://www.taxtmi.com/caselaws?id=781697 ITAT (Chandigarh) upheld that the assessee carried on genuine trading with audited books and accepted sales figures; AO failed to show inflation, suppression, or fictitious entries. CIT(A) correctly found the books' cash balance justified a Rs.20,00,000 deposit and deleted Rs.13,50,000 of the addition, confirming the cash book's reliability. For a subsequent Rs.8,00,000 deposit, the tribunal accepted it arose from regular cash sales but sustained a nominal timing-related addition of Rs.3,00,000. en-us Wed, 12 Nov 2025 00:00:00 +0530 Wed, 19 Nov 2025 08:52:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781697 ITAT (Chandigarh) upheld that the assessee carried on genuine trading with audited books and accepted sales figures; AO failed to show inflation, suppression, or fictitious entries. CIT(A) correctly found the books' cash balance justified a Rs.20,00,000 deposit and deleted Rs.13,50,000 of the addition, confirming the cash book's reliability. For a subsequent Rs.8,00,000 deposit, the tribunal accepted it arose from regular cash sales but sustained a nominal timing-related addition of Rs.3,00,000. Case-Laws Income Tax Wed, 12 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781697