{"id":63300,"date":"2026-07-31T16:34:18","date_gmt":"2026-07-31T11:04:18","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dy-cit-v-dsg-papers-p-ltd-2025-127-itr-410-chd-trib\/"},"modified":"2026-07-31T16:34:18","modified_gmt":"2026-07-31T11:04:18","slug":"dy-cit-v-dsg-papers-p-ltd-2025-127-itr-410-chd-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dy-cit-v-dsg-papers-p-ltd-2025-127-itr-410-chd-trib\/","title":{"rendered":"Dy. CIT v. DSG Papers (P.) Ltd. (2025) 127 ITR 410 (Chd.)(Trib.)"},"content":{"rendered":"<p>The Assessing Officer made additions for alleged undisclosed sales based on spreadsheets found at the premises of the assessee&#8217;s accountant. The Tribunal held that the assessee successfully reconciled the entries with recorded sales and the Revenue failed to produce any corroborative evidence linking the seized material with undisclosed transactions. Deletion of additions relating to parallel invoicing, unexplained money and capital employed was upheld. The Tribunal held that the Assessing Officer was not justified in extrapolating alleged under-invoicing to the entire turnover without comparing identical grades of paper. While sustaining the restriction of addition only to sales made to one party, the Tribunal reduced the rate of under-invoicing to the rate emerging from the Assessing Officer&#8217;s own working.<strong>\u00a0 (AY. 2014-15 to 2020-21).<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 69A: Unexplained money-Search and seizure-Parallel invoicing-No corroborative evidence connecting seized material with assessee-Addition deleted-Sales-Under-invoicing-Extrapolation of entire turnover unjustified-Addition restricted. [S. 132] <\/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_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-63300","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-gsY","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/63300","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=63300"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/63300\/revisions"}],"predecessor-version":[{"id":63301,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/63300\/revisions\/63301"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=63300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=63300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=63300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}