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2023 (7) TMI 169 - ITAT KOLKATAAddition u/s 68 - unexplained credits - contention of the assessee has been rejected on the ground that the assessee has repeated the same figures for subsequent A.Y 2017-18 - HELD THAT:- Accountant of the assessee had taken the figure from the last year resulting into the repetition of the said mistake. Considering the above contentions of the assessee, the matter is restored to the file of the AO with a direction to adopt the correct figure of Rs. 96,00,000/- on account of FDR deposits in Bank of Maharashtra instead of Rs. 9,60,00,000/- as wrongly mentioned in the balance sheet by the accountant of the assessee. We direct the AO to consider the revised balance sheet of the assessee and assess the income of the assessee for A.Y 2016-17 accordingly, subject to the condition that the assessee has mentioned the correct figures in the subsequent assessment years i.e. A.Y 2018-19 and onwards and the assessee has not taken benefit of his own wrong. Appeal of the assessee is treated as allowed for statistical purposes.
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