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2015 (10) TMI 1893 - ITAT BANGALOREDisallowance u/s 40A(3) - assessee has filed the ledger extract of M/s Someshwara Fertilizers & Chemicals Ltd., and further argued that the AO and the CIT(A) were not justified in rejecting the books of assessee u/s 143(3) on the presumption that the entries in the books of assessee are not matching with the ledger extract of the said company i. E M/s Someshwara Fertilizers & Chemicals Ltd.- Held that:- Under these circumstances, when there is lack of clarity the entries in the books of accounts of the assessee were not matching with the entries maintained by M/s Someshwara Fertilizers & Chemicals Ltd. we set aside the issue to the Assessing Officer to take appropriate steps such as issue of summons to M/s Someshwara Fertilizers & Chemicals for clarifying this mismatch and thereafter giving a reasonable opportunity to the assessee to decide the issue in accordance with law. - Decided in favour of assessee for statistical purposes.
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