The assesseee has deposited cash sales in the bank account . The Assessing officer assessed the said deposit as unexplained cash credit . On appeal the CIT(A) deleted the addition. On appeal by the Revenue affirming the order of the CIT(A) the Tribunal held that the \u00a0assessee has produced names , address , PAN etc. Parties have responded to the notices u\/s 133(6). Sales are accepted by VAT department . No defects in the books of account and theory of human probabilities cannot be applied \u00a0to the facts of the assessee. \u00a0\u00a0Accordingly the order of CIT(A) deleting the addition is affirmed . (AY. 2017 -18 ) (ITA No. 244\/Mum\/ 2025 dt . 30-4 -2025)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 68 : Cash credits – Cash deposit \u2013 Demoetizaation- Sales – Produced names , address , PAN etc- Parties have responded to the notices u\/s 133(6)- Sales are accepted by VAT department \u2013 No defects in the books of account \u2013 Order of CIT(A) deleting the addition is affirmed .[ S.133(6), 143(3) ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-54246","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-e6W","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=54246"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54246\/revisions"}],"predecessor-version":[{"id":54247,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/54246\/revisions\/54247"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=54246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=54246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=54246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}