https://www.taxtmi.com/caselaws?id=771127 An adjustment under section 143(1)(a) cannot be sustained where it rests only on a tax audit disclosure of a contingent liability and requires verification beyond the return, especially when no corresponding debit was made to the profit and loss account and the disclosure was later rectified. The same principle applies to employees' provident fund contribution already added back by the assessee in the return: a second disallowance is duplicative and erroneous. The first appellate authority's deletion of both adjustments was sustained, and the Revenue's challenge failed. en-us Thu, 08 May 2025 00:00:00 +0530 Sat, 17 May 2025 11:20:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771127 An adjustment under section 143(1)(a) cannot be sustained where it rests only on a tax audit disclosure of a contingent liability and requires verification beyond the return, especially when no corresponding debit was made to the profit and loss account and the disclosure was later rectified. The same principle applies to employees' provident fund contribution already added back by the assessee in the return: a second disallowance is duplicative and erroneous. The first appellate authority's deletion of both adjustments was sustained, and the Revenue's challenge failed. Case-Laws Income Tax Thu, 08 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771127