https://www.taxtmi.com/caselaws?id=782380 ITAT Delhi partly allowed the assessee's appeal for statistical purposes. On the addition under s.68 r/w s.115BBE for cash deposits during demonetization, the Tribunal found that although cash withdrawals were shown in the cash flow, it was unclear whether such cash was retained and used for the deposits. The orders of AO and CIT(A) were set aside and the issue remanded to AO to verify the source of Rs. 35.75 lakh after giving due opportunity. On capital gains, the Tribunal held some improvement cost was incurred but not fully evidenced, and estimated allowable construction and land-filling expenses at Rs. 55 lakh with indexation, directing AO to recompute capital gains accordingly. en-us Wed, 19 Nov 2025 00:00:00 +0530 Fri, 28 Nov 2025 08:24:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782380 ITAT Delhi partly allowed the assessee's appeal for statistical purposes. On the addition under s.68 r/w s.115BBE for cash deposits during demonetization, the Tribunal found that although cash withdrawals were shown in the cash flow, it was unclear whether such cash was retained and used for the deposits. The orders of AO and CIT(A) were set aside and the issue remanded to AO to verify the source of Rs. 35.75 lakh after giving due opportunity. On capital gains, the Tribunal held some improvement cost was incurred but not fully evidenced, and estimated allowable construction and land-filling expenses at Rs. 55 lakh with indexation, directing AO to recompute capital gains accordingly. Case-Laws Income Tax Wed, 19 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782380