2025 (11) TMI 1867

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....n filing) in ITA 663/2025 CM APPL. 72267/2025(condn of delay in filing) in ITA 664/2025 1. For the reasons stated in the applications, the delay of 152 days in filing the appeals is condoned. 2. The applications stand disposed of. ITA 663/2025 ITA 664/2025 3. These two appeals filed by the Assessee under Section 260A of the Income Tax Act, 1961 (the Act) impugn the common order dated 18.12.2024 passed by the Income Tax Appellate Tribunal (ITAT) while deciding four cross appeals filed by the parties being ITA No. 3200/Del/2018, ITA No. 2886/Del/2018, ITA No. 3201/Del/2018 and ITA No. 2966/Del/2018 relatable to the Assessment Year (AY) 2013-14 and 2014-15 respectively. 4. The challenge in these two appeals is relatable to....

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.... explain how the issue was addressed by the assessee before authorities below. On this Ld. Counsel for the assessee has stated that the details are referred in assessee's paper book in pages 36 to 37 but when he was asked to correlate these entries of cash deposit in bank with cash in hand available or cash generated out of cash sales he could not properly explained. The Ld. CIT(DR) on the other hand requested the Bench to refer the matter back to the file of the AO for verification on this issue whether the cash deposit of Rs. 58,09,830/- is arising out of available cash in hand or out of cash sale made by the assessee. 25. After hearing both the sides and going through the facts of the case we are of the view that the issue of ca....