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2023 (7) TMI 31 - GUJARAT HIGH COURTDifference in payment received as per Section 26AS and as per books - disallowance of payment of employees contribution towards PF after due date - ITAT deleted the addition - HELD THAT:- Tribunal has specifically observed that AO has not verified the claim of the assessee and the total contract amount was only of Rs. 1.2 crore and the assessee has raised RA Bills of Rs. 8.32 crore during the relevant financial year. The assessee has received amount of Rs. 8.32 crores, out of which as per the books of account, as per the bank statement is of Rs. 7.7 crores only, which was received in the current year. It is also observed by the tribunal that the CIT (Appeals) has rightly deleted the addition after verification of bank account, contract amount which was received by the assessee on the basis of running bills. Thus, after considering the facts and circumstances of the present case, the tribunal has rightly dismissed the appeal preferred by the present appellant - No substantial questions of law arises for consideration.
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