https://www.taxtmi.com/caselaws?id=456446 ITAT Allahabad set aside CIT(A)'s order deleting additions for suppressed interest income and TDS non-deduction on contractor payments. The tribunal found CIT(A) deleted additions without proper verification. For interest income suppression arising from tax audit report discrepancy, assessee failed to produce revised audit report despite claiming inadvertent error. For contractor payments without TDS, insufficient evidence was provided to substantiate employee claims and labor payment explanations. Matter restored to AO for fresh determination with directions to verify revised audit reports and examine evidence properly. Revenue's appeal allowed for statistical purposes. en-us Wed, 11 May 2022 00:00:00 +0530 Thu, 25 Jul 2024 20:02:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456446 ITAT Allahabad set aside CIT(A)'s order deleting additions for suppressed interest income and TDS non-deduction on contractor payments. The tribunal found CIT(A) deleted additions without proper verification. For interest income suppression arising from tax audit report discrepancy, assessee failed to produce revised audit report despite claiming inadvertent error. For contractor payments without TDS, insufficient evidence was provided to substantiate employee claims and labor payment explanations. Matter restored to AO for fresh determination with directions to verify revised audit reports and examine evidence properly. Revenue's appeal allowed for statistical purposes. Case-Laws Income Tax Wed, 11 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456446