https://www.taxtmi.com/caselaws?id=782050 ITAT Delhi-AT allowed the assessee's appeal and deleted the addition made on account of capital introduced in the business. The AO had doubted the source of capital allegedly arising from sale proceeds of agricultural land due to non-execution of registered sale deeds. ITAT held that duly executed agreements to sell, containing details of sellers, buyers, PAN, and photo identity, constituted plausible and sufficient explanation of the source, absent any contrary inquiry or rebuttal by the Revenue. The mere absence of registered sale deeds, particularly in the context of joint landholdings, was held insufficient to discredit the transactions. en-us Fri, 21 Nov 2025 00:00:00 +0530 Mon, 24 Nov 2025 08:57:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782050 ITAT Delhi-AT allowed the assessee's appeal and deleted the addition made on account of capital introduced in the business. The AO had doubted the source of capital allegedly arising from sale proceeds of agricultural land due to non-execution of registered sale deeds. ITAT held that duly executed agreements to sell, containing details of sellers, buyers, PAN, and photo identity, constituted plausible and sufficient explanation of the source, absent any contrary inquiry or rebuttal by the Revenue. The mere absence of registered sale deeds, particularly in the context of joint landholdings, was held insufficient to discredit the transactions. Case-Laws Income Tax Fri, 21 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782050