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2018 (12) TMI 1489 - AT - Income TaxDifference in the 26AS statement and income as shown in Profit and Loss account - Held that:- The different methods of revenue recognition may also create difference between form No.26AS statement and income as shown in Profit and Loss account. Therefore, taking into account these reasons of differences, as explained above, we are of the view that a reconciliation statement may be prepared by the assessee, explaining the reasons of differences between form No.26AS statement and income as shown in Profit and Loss account and may be submitted before the assessing officer for his perusal - remit the matter back to the file of the assessing officer to adjudicate the issue after taking into account the reconciliation statement. Disallowance on account of commission paid - Held that:- We note that impugned order is an ex parte and assessee could not plead his case before the ld CIT(A) therefore, we are of the view that one more opportunity should be given to the assessee to plead his case and submit relevant documents to prove his bona fide before the ld assessing officer. Therefore, we set aside the order of ld CIT(A) and remit the matter back to the file of the assessing officer to adjudicate the issue afresh. We also direct the assessee to submit the relevant documents and explanation before the ld AO to prove his bona fide. Statistical purposes, the appeal of the assessee is allowed.
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