Source-of-Source Amendment Not Retrospective: Tribunal Spares Company from₹4.5 Cr Share Application  Addition-

ITO Vs Sourabh Logistics Pvt.Ltd. (ITAT Delhi) Source-of-Source Amendment Not Retrospective: Tribunal Spares Company from₹4.5 Cr Share Application  Addition- Background AO’s Assessment (30.03.2016 u/s 143(3)): Added ₹6.15 Cr u/s 68 (share application money, unsecured loans & cash deposits). Disallowed expenses ₹2.90 Lakh. Assessed income: ₹6.23 Cr vs returned ₹4.8 Lakh. CIT(A) (10.02.2023, NFAC Delhi): Deleted ₹4.50 Cr (share application money). Deleted ₹1.50 Cr (unsecured loans). Part relief granted. Revenue’s Appeal before ITAT: Challenged both de...