https://www.taxtmi.com/caselaws?id=781681 ITAT upheld that additions under section 68 based solely on an ED complaint were unsupported where the Investigation Wing found entries bogus but the AO had neither rejected books nor doubted sales. The tribunal set aside lower orders and restored the matter to the AO to apply the taxpayer's three-years gross profit of sales after affording a fair opportunity of hearing. The taxpayer's appeal was allowed for statistical purposes. en-us Mon, 27 Oct 2025 00:00:00 +0530 Wed, 19 Nov 2025 08:52:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781681 ITAT upheld that additions under section 68 based solely on an ED complaint were unsupported where the Investigation Wing found entries bogus but the AO had neither rejected books nor doubted sales. The tribunal set aside lower orders and restored the matter to the AO to apply the taxpayer's three-years gross profit of sales after affording a fair opportunity of hearing. The taxpayer's appeal was allowed for statistical purposes. Case-Laws Income Tax Mon, 27 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781681