https://www.taxtmi.com/caselaws?id=302252 The ITAT upheld the CIT(A) decision, ruling in favor of the assessee in a tax dispute regarding a discrepancy in receipts shown in the Audit Report and Form 26AS for the assessment year 2014-15. The ITAT found that the mismatch was due to timing differences in accounting for receipts and TDS claimed, holding that the addition of unaccounted income by the AO was unjustified. The ITAT dismissed the Revenue's appeal, affirming the CIT(A) order to delete the addition and emphasizing the adequacy of the assessee's explanations and accounting practices. en-us Wed, 19 Feb 2020 00:00:00 +0530 Thu, 12 May 2022 08:41:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302252 The ITAT upheld the CIT(A) decision, ruling in favor of the assessee in a tax dispute regarding a discrepancy in receipts shown in the Audit Report and Form 26AS for the assessment year 2014-15. The ITAT found that the mismatch was due to timing differences in accounting for receipts and TDS claimed, holding that the addition of unaccounted income by the AO was unjustified. The ITAT dismissed the Revenue's appeal, affirming the CIT(A) order to delete the addition and emphasizing the adequacy of the assessee's explanations and accounting practices. Case-Laws Income Tax Wed, 19 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302252