https://www.taxtmi.com/caselaws?id=338583 The ITAT upheld the CIT(A)'s decision to delete the addition of Rs. 92,63,310, dismissing the revenue's appeal. The CIT(A) found the Assessing Officer's reliance on Form 26AS unjustified and accepted the appellant's detailed reconciliation and evidence of deductions made by the principal. The ITAT confirmed the thorough assessment by the CIT(A) of the financial statements, leading to the deletion of the disputed amount for the Assessment Year 2009-10. en-us Fri, 03 Feb 2017 00:00:00 +0530 Tue, 07 Feb 2017 16:28:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338583 The ITAT upheld the CIT(A)'s decision to delete the addition of Rs. 92,63,310, dismissing the revenue's appeal. The CIT(A) found the Assessing Officer's reliance on Form 26AS unjustified and accepted the appellant's detailed reconciliation and evidence of deductions made by the principal. The ITAT confirmed the thorough assessment by the CIT(A) of the financial statements, leading to the deletion of the disputed amount for the Assessment Year 2009-10. Case-Laws Income Tax Fri, 03 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338583