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2020 (3) TMI 1078 - AT - Income TaxDifference in stock found during the course of survey - HELD THAT:- D.R has submitted that this claim made on behalf of the assessee that the amount in question added to his income for the year under consideration on account of the difference in stock as found during the course of survey was already offered by the assessee as his income for A.Y. 2014-15 requires verification and since neither the AO nor the CIT(Appeals) has verified the same, the matter may be sent back to the Assessing Officer for such verification.Thus find merit in this contention of the ld. D.R. Even the assessee has not raised any objection for sending the matter back to the Assessing Officer for such verification. Accordingly set aside the impugned order of the ld. CIT(Appeals) confirming the addition made by the Assessing Officer on this issue and restore the matter to the file of the Assessing Officer for deciding the same afresh after verifying the claim of the assessee that the amount in question on account of difference in stock as found during the course of survey was already offered as income for A.Y. 2014-15. If the claim of the assessee is found to be correct on such verification, the Assessing Officer shall delete the addition of the same amount made in the year under consideration as the same would tantamount to double addition. - Appeal of the assessee is treated as allowed for statistical purposes.
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