https://www.taxtmi.com/caselaws?id=435004 The Tribunal directed the Assessing Officer to reevaluate the additions made by the Assessing Officer in the case. The Tribunal found that the addition of Rs.1,23,42,928 for the difference between Form 26AS and P&L A/c required further substantiation by the assessee to reconcile the discrepancy. Additionally, the Tribunal disagreed with the addition of Rs.7,74,970 on account of unexplained cash deposits, stating that the detailed invoice-wise information provided by the assessee justified the cash receipts and directed the Assessing Officer to delete this addition. en-us Thu, 29 Sep 2022 00:00:00 +0530 Thu, 09 Mar 2023 15:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435004 The Tribunal directed the Assessing Officer to reevaluate the additions made by the Assessing Officer in the case. The Tribunal found that the addition of Rs.1,23,42,928 for the difference between Form 26AS and P&L A/c required further substantiation by the assessee to reconcile the discrepancy. Additionally, the Tribunal disagreed with the addition of Rs.7,74,970 on account of unexplained cash deposits, stating that the detailed invoice-wise information provided by the assessee justified the cash receipts and directed the Assessing Officer to delete this addition. Case-Laws Income Tax Thu, 29 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435004