https://www.taxtmi.com/caselaws?id=762537 The ITAT Delhi remitted two issues back to the AO for fresh consideration. First, regarding disallowance of bonus gratuity shown in Balance Sheet/P&L Account, the tribunal set aside the matter citing the SC decision in Checkmate Services Pvt. Ltd. (2022). Second, concerning lesser receipts shown in ITR compared to Form 26AS, the tribunal agreed with the revenue's submission requiring verification and reconciliation of receipts between 26AS and books of account. Both issues were remanded to AO for proper verification and fresh decision with required compliance by the assessee. en-us Fri, 29 Nov 2024 00:00:00 +0530 Mon, 02 Dec 2024 18:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762537 The ITAT Delhi remitted two issues back to the AO for fresh consideration. First, regarding disallowance of bonus gratuity shown in Balance Sheet/P&L Account, the tribunal set aside the matter citing the SC decision in Checkmate Services Pvt. Ltd. (2022). Second, concerning lesser receipts shown in ITR compared to Form 26AS, the tribunal agreed with the revenue's submission requiring verification and reconciliation of receipts between 26AS and books of account. Both issues were remanded to AO for proper verification and fresh decision with required compliance by the assessee. Case-Laws Income Tax Fri, 29 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762537