Section 68 Addition Unsustainable Where AO Accepted Part of Same Credit Transactions: ITAT Ahmedabad

Pallavi Nileshbhai Shah Vs ITO (ITAT Ahmedabad) Section 68 Addition Unsustainable Where AO Accepted Part of Same Credit Transactions; ITAT Ahmedabad Upholds Addition for Low Household Withdrawals Due to Lack of Evidence; ITAT Deletes Sundry Creditor Addition Because Revenue Failed to Dispute Subsequent Payments; Freight Expense Disallowance Upheld Because Transporter Declarations Were Incomplete. The ITAT Ahmedabad partly allowed the appeal filed by the assessee for Assessment Year 2022-23 against the order of the CIT(A), NFAC. The appeal involved three issues relating to low household withdr...