Faceless assessment and registration procedures are updated through electronic communication, revised recovery rules, extended deadlines, and replacem...
Risk-based selective vessel boarding requires accurate declarations and preserves master and agent liability where physical inspections are not select...
Permanent-establishment reassessment cannot revisit scrutinised disclosures; extended reopening fails without undisclosed material facts and within st...
Addition on difference between balance in account as per the books and the balance as per bank statement - cheques issued but not presented - addition can not be made merely because it was not explained by the assessee by overlooking the facts on records which testified that the difference between the books of account of the assessee and bank statement of UCO bank are attributed to cheques/advices issued but not encashed and presented in the bank - we direct the AO to delete the disallowance- AT
Addition on difference between balance in account as per the books and the balance as per bank statement - cheques issued but not presented - addition can not be made merely because it was not explained by the assessee by overlooking the facts on records which testified that the difference between the books of account of the assessee and bank statement of UCO bank are attributed to cheques/advices issued but not encashed and presented in the bank - we direct the AO to delete the disallowance- AT
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TaxTMI 
TaxTMI 
