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2019 (10) TMI 645 - ITAT CHENNAIScope of the limited scrutiny assessment - Tax credit (and receipts) in ITR is less than tax credit in 26AS - Disallowance towards opening balance included transport charges, brokerage difference, cash payments made u/s 40A(3), Off Dock dues and difference between bank statement and actual payments made for transport charges - HELD THAT:- AO undertook scrutiny to examine the aspects falling under “tax credit (and receipts) in ITR is less than tax credit in 26AS”. While doing so, he has made the impugned disallowances and hence the AO’s action is well within his jurisdiction. However, the assessee pleaded that the impugned issues require re-examination afresh, which is not opposed by the Ld. DR. We deem it fit to remit these issues back to the AO for a fresh examination. The assessee shall place all the materials in its support before the AO and comply to the AO’s requirements as per law. AO is free to conduct appropriate enquiry as deemed fit, but he shall furnish adequate opportunity to the assesssee on the material etc to be used against it and decide the matter in accordance with law. Assessee’s appeal is treated as partly allowed for statistical purposes.
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