<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2025 (5) TMI 689 - ITAT MUMBAI</title>
    <link>https://www.taxtmi.com/caselaws?id=770417</link>
    <description>ITAT Mumbai remitted matter back to AO for verification regarding income discrepancy of Rs. 28,68,699. Assessee explained the difference arose from credit from Orbit Construction and demonstrated that AO&#039;s addition of Rs. 66,02,464 was exactly twice the gross amount of Rs. 33,01,232 appearing in Form 26AS. Both AO and CIT(A) failed to objectively consider assessee&#039;s detailed submissions and explanations. ITAT found authorities below did not act responsibly in accordance with law provisions. Appeal allowed for statistical purposes with direction to AO to verify assessee&#039;s claim and pass appropriate order.</description>
    <language>en-us</language>
    <pubDate>Mon, 28 Apr 2025 00:00:00 +0530</pubDate>
    <lastBuildDate>Fri, 09 May 2025 10:45:31 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=820890" rel="self" type="application/rss+xml"/>
    <item>
      <title>2025 (5) TMI 689 - ITAT MUMBAI</title>
      <link>https://www.taxtmi.com/caselaws?id=770417</link>
      <description>ITAT Mumbai remitted matter back to AO for verification regarding income discrepancy of Rs. 28,68,699. Assessee explained the difference arose from credit from Orbit Construction and demonstrated that AO&#039;s addition of Rs. 66,02,464 was exactly twice the gross amount of Rs. 33,01,232 appearing in Form 26AS. Both AO and CIT(A) failed to objectively consider assessee&#039;s detailed submissions and explanations. ITAT found authorities below did not act responsibly in accordance with law provisions. Appeal allowed for statistical purposes with direction to AO to verify assessee&#039;s claim and pass appropriate order.</description>
      <category>Case-Laws</category>
      <law>Income Tax</law>
      <pubDate>Mon, 28 Apr 2025 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=770417</guid>
    </item>
  </channel>
</rss>