Unsustainable Addition for Cash Sales when No Stock Discrepancy Detected

Metro Filling Station Vs ITO (ITAT Delhi)

Introduction: In a recent case involving Metro Filling Station and the Income Tax Officer (ITO) in Delhi, the issue of an unjustified addition for unexplained cash deposits came under scrutiny. The case revolves around the assessment for the financial year 2017-18.

Detailed Analysis:

1. Background: Metro Filling Station, the assessee, filed its income tax retu

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