The ITAT Delhi ruled that Section 69A cannot be applied when the Assessing Officer acknowledged that the transactions were recorded in the books of accounts, remanding the matter for verification of sales records.
ITAT Delhi Deletes Section 69A Addition as Sales Were Recorded in Books
The ITAT Delhi ruled that Section 69A cannot be applied when the Assessing Officer acknowledged that the transactions were recorded in the books of accounts, remanding the matter for verification of sales records.
Citations
- ITAT Delhi (2026) TaxGuru Page N/A
Source:taxguru.in