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2023 (8) TMI 155 - ITAT DELHIAddition u/s 68 - interest income - AR submitted that the assessee did not recognize any interest income during AY 2010-11 and no TDS has been claimed by the assessee - HELD THAT:- On being asked by the bench the ld. Senior DR, in all fairness did not controvert a factual position that neither the assessee has shown any amount as interest income nor has claimed TDS thereon. The addition made by the AO and upheld by the CIT(A) u/s. 68 of the Act is not sustainable as the copy of return of income and computation clearly reveals that neither the assessee has shown any interest income nor the assessee has claimed any TDS thereon as, picked up by the Assessing Officer for making addition in the hands of assessee. Decided in favour of assessee.
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