Cash Sales Recognised, 69A Cut to 10% GP by ITAT Delhi

Shalu Yadav Vs ITO (ITAT Delhi) Patanjali Dealer Gets GP Estimation Relief: ITAT Delhi Curtails 69A Addition & Rejects 115BBE The Delhi ITAT (SMC), in Shalu Yadav v. ITO (ITA No. 7973/Del/2025, AY 2017-18; order dated 24.12.2025), has partly allowed the Assessee’s appeal, substantially reducing the addition made on demonetisation cash deposits and holding that section 115BBE is inapplicable. The Assessee, running a Patanjali retail dealership, had deposited ₹33.89 lakh in cash during the demonetisation period. The AO treated the entire amount as unexplained money u/s 69A and taxed it u...