Addition Deleted Because Property Purchases Were Proven as Stock-in-Trade, Not Unexplained Investment

ACIT Vs Sikander Daredia (ITAT Hyderabad) Best-Judgment Addition of ₹14.34 Crore Collapses After Remand Verification — Purchases Proven as Stock-in-Trade; Revenue’s Appeal Dismissed by Hyderabad Tribunal ACIT Vs Sikander Daredia – ITA No.604/Hyd/2025 – AY 2018-19 – Order dated 12.11.2025 In this Revenue appeal, Tribunal examined an ex-parte best-judgment assessment where the AO treated ₹14.34 crore of land purchases as unexplained investment u/s 69 due to non-compliance by the Assessee during scrutiny. Before CIT(A), the Assessee produced complete books, bank statements, sale-pur...