https://www.taxtmi.com/caselaws?id=754531 ITAT Mumbai allowed the appeal regarding addition of income based on difference between ITR and service tax/GST returns. The assessee followed cash accounting system recognizing only received fees as income, while service tax/GST were based on invoices issued. The AO's addition was deleted as the assessee provided satisfactory reconciliation with documentary evidence. Addition for payments to retired partners was also deleted as these were made per partnership deed terms for services rendered. The TDS credit issue was remitted back to AO for verification as directed by CIT(A). en-us Fri, 21 Jun 2024 00:00:00 +0530 Wed, 26 Jun 2024 08:30:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754531 ITAT Mumbai allowed the appeal regarding addition of income based on difference between ITR and service tax/GST returns. The assessee followed cash accounting system recognizing only received fees as income, while service tax/GST were based on invoices issued. The AO's addition was deleted as the assessee provided satisfactory reconciliation with documentary evidence. Addition for payments to retired partners was also deleted as these were made per partnership deed terms for services rendered. The TDS credit issue was remitted back to AO for verification as directed by CIT(A). Case-Laws Income Tax Fri, 21 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754531