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2017 (4) TMI 624 - AT - Income TaxAddition on account of sale of tickets - Held that:- We find that the addition of ₹ 7,02,750/- confirmed by the learned CIT(A) out of total addition of ₹ 35,84,200/- made by the AO is based on evidence and proper evaluation as assessee could not provide evidence of free tickets amounting to ₹ 3,15,000/- related to ‘Lokmat News Paper’. Also in respect of two confirmations i.e. one in the name of Kalidas Natyagraha and another in the name of Parasuram Saikhed, the confirmations do not bear stamp and seal of the party and therefore, are not reliable. The amounts mentioned against these parties are ₹ 1,28,000/- and ₹ 1,23,000/- respectively. Therefore, the learned CIT(A) has not accepted the assessee’s explanation in respect of returned tickets amounting to ₹ 3,87,750/- (Rs. 2,51,000/- plus ₹ 1,36,750/-). Addition on account of discrepancies in TDS certificate - Held that:- As per the TDS certificate of Sapat International Pvt. Ltd. and Kotak Mahindra Mutual Fund, the payment made / credited are shown at ₹ 5,00,000/- and ₹ 9,21,157/-. However, in the P&L account the assessee has shown receipts of ₹ 3,00,000/- and ₹ 2,71,157/- respectively. It is the contention of the revenue that the learned CIT(A) should not have deleted the above addition made by the A.O. on the basis of additional evidence filed before him. We believe that the TDS certificate issued by Sapat International Pvt. Ltd. and Kotak Mahindra Mutual Fund need verification at the level of A.O. Therefore, we set aside the order of the learned CIT(A) only in respect of ground no 4 of the present appeal and restore the matter back to the file of the AO for verification and then passing an order as per the provisions of the Act
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