https://www.taxtmi.com/caselaws?id=783256 ITAT Delhi-AT allowed the assessee's appeal, deleting additions made u/s 68 r.w.s. 115BBE on account of alleged unexplained cash credits. The Tribunal held that the AO, having accepted the returned income which already included the cash sales in question, could not again treat corresponding cash deposits and cash sales from specified parties as unexplained, as this would amount to impermissible double addition. It further found that the assessee had satisfactorily established the source of cash deposits from regularly maintained books and cash book, which were neither rejected nor found unreliable, and that sales were supported by contemporaneous documentation. Consequently, no separate addition was sustainable. en-us Mon, 08 Dec 2025 00:00:00 +0530 Fri, 12 Dec 2025 08:55:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783256 ITAT Delhi-AT allowed the assessee's appeal, deleting additions made u/s 68 r.w.s. 115BBE on account of alleged unexplained cash credits. The Tribunal held that the AO, having accepted the returned income which already included the cash sales in question, could not again treat corresponding cash deposits and cash sales from specified parties as unexplained, as this would amount to impermissible double addition. It further found that the assessee had satisfactorily established the source of cash deposits from regularly maintained books and cash book, which were neither rejected nor found unreliable, and that sales were supported by contemporaneous documentation. Consequently, no separate addition was sustainable. Case-Laws Income Tax Mon, 08 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783256