Addition on account of suppressed/unaccounted turnover - AO ...

AO Finds Discrepancy in Accounts vs. Form 26AS; Assessee Reconciles, No Additions for Unaccounted Turnover Made.

March 2, 2016

Case Laws Income Tax AT

Addition on account of suppressed/unaccounted turnover - AO never rejected the books of accounts maintained by the assessee. The A.O. simply quantified the difference between books of accounts and form 26AS. The assessee has explained the difference by furnishing necessary reconciliation - No additions - AT

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Addition on account of suppressed/unaccounted turnover - AO ...

AO Finds Discrepancy in Accounts vs. Form 26AS; Assessee Reconciles, No Additions for Unaccounted Turnover Made.

March 2, 2016

Case Laws Income Tax AT

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