GST-return mismatch alone does not establish undisclosed...
GST turnover reconciliation prevents gross-profit additions where duplicate reporting, rather than off-book sales, explains the reported turnover difference.
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GST-return mismatch alone does not establish undisclosed business turnover where no evidence identifies off-book sales, unaccounted purchases, receipts or bank transactions. Reconciliation through sales ledgers, monthly GST returns and annual GSTR-9 may demonstrate that differences arose from duplicate reporting, including turnover repeated in a later GSTR-1. Verifiable statutory records produced after an ex parte assessment remain relevant and cannot be rejected merely because they were not earlier furnished. Without proof of actual undisclosed turnover, an estimated gross-profit addition on differential turnover cannot be sustained.
GST-return mismatch alone does not establish undisclosed business turnover where no evidence identifies off-book sales, unaccounted purchases, receipts or bank transactions. Reconciliation through sales ledgers, monthly GST returns and annual GSTR-9 may demonstrate that differences arose from duplicate reporting, including turnover repeated in a later GSTR-1. Verifiable statutory records produced after an ex parte assessment remain relevant and cannot be rejected merely because they were not earlier furnished. Without proof of actual undisclosed turnover, an estimated gross-profit addition on differential turnover cannot be sustained.
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