https://www.taxtmi.com/caselaws?id=753463 ITAT Delhi upheld CIT(A)'s decision deleting addition u/s 68 regarding Form 26AS discrepancy with assessee's income return, finding proper reconciliation showed amounts already accounted in AY 2013-14 with difference due to third party's error. Court also confirmed deletion of salary/wages disallowance u/s 37 after CIT(A) verified employee registration with PF/ESI authorities and cheque payments to temporary workers through bank statements. Additionally, ITAT ruled no disallowance u/s 14A was warranted as assessee earned no exempt income, following Cheminvest Limited precedent. en-us Thu, 30 May 2024 00:00:00 +0530 Mon, 03 Jun 2024 06:03:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753463 ITAT Delhi upheld CIT(A)'s decision deleting addition u/s 68 regarding Form 26AS discrepancy with assessee's income return, finding proper reconciliation showed amounts already accounted in AY 2013-14 with difference due to third party's error. Court also confirmed deletion of salary/wages disallowance u/s 37 after CIT(A) verified employee registration with PF/ESI authorities and cheque payments to temporary workers through bank statements. Additionally, ITAT ruled no disallowance u/s 14A was warranted as assessee earned no exempt income, following Cheminvest Limited precedent. Case-Laws Income Tax Thu, 30 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753463