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2018 (5) TMI 1376 - AT - Income TaxReopening of assessment - reopening on basis of objections by the revenue audit party - Difference in credited interest income and gross interest as reflected from TDS certificates furnished by the assessee - Held that:- As we observed from the record that the assessee had already filed the TDS certificates in the original assessment proceedings before the AO and the AO has mentioned in para 4 that the details of TDS was called for and in para 5 its clearly mentioned that after verification of computation of income the assessment is framed. We noted that in the statement of total income, the assessee has claimed the TDS on interest and the details of the same were filed with the AO at the time of assessment proceedings. We are of the view that the case of the assessee has wrongly been re-opened, which is beyond jurisdiction and not permissible as the same was done on the basis of same materials as was before the AO in the original assessment proceedings. - Decided in favour of assessee.
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