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2019 (2) TMI 620 - AT - Income TaxAddition on account of difference in gross receipts - assessee could not reconcile the difference as per Form No.26AS and the income shown in the P&L Account towards direct income - Held that:- AO made addition on the ground that the assessee could not reconcile the difference between ₹ 16,05,263 as per Form No.26AS and the income shown in the P&L Account towards direct income. As find from the various details furnished by the assessee in the paper book that the for the assessee has successfully reconciled the difference between the Form No.26AS and the income shown by the assessee. Although these details were furnished before the CIT(A), however, find the CIT(A) in a very cryptic order, rejected the voluminous details filed before him on the ground that the issue of difference between the two figures does not get resolved. This type of action on the part of the CIT(A) is not justified especially when the assessee has submitted the requisite details before him substantiating the difference and reconciliation thereof. Therefore, set aside the order of the CIT(A) and direct the AO to delete the addition. - Decided in favour of assessee.
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