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2020 (2) TMI 253 - AT - Income TaxMismatch in sales turnover - Discrepancy between 26AS data and its P&L account - Admission of additional evidences - case of the assessee was selected under limited scrutiny - HELD THAT:- CIT(A) has choosen not to accept the additional evidences filed by the assessee and rejected the reconciliation filed by assessee. During the arguments before us, the ld. AR contended that the voluminous data given to the ld. CIT (A) could not have compiled within a short span of two days i.e. the date of show cause 11.12.2017 and the date of order 13.12.2017. He argued that the details filed if considered with due diligence will reconcile the correct taxable income. DR also fairly argued that the matter needs to be examined by the Assessing Officer by taking into consideration the evidences filed by the assessee subsequently. Hence, taking into consideration and keeping in view, the arguments of both the parties, the time available to the assessee during the assessment proceedings, the examination under took by the Assessing Officer on the additional evidences field by the assessee before the ld. CIT (A) and the remand report thereof, we hereby set aside the matter to the file of the Assessing Officer to reconcile the mismatch of TDS vis-à-vis the returned income of the assessee. Appeal of the assessee is allowed.
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