TaxTMI 
TaxTMI 
2012 (10) TMI 785
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....ommissioner of Income Tax (A) has erred in deleting the addition of Rs. 1,96,09,782/- made by the Assessing Officer on account of difference between the gross receipts as per TDS certificates and those as declared by the assessee. ii) The appellant craves for reserving the right to amend, modify, alter, add or forego any ground(s) of appeal at any time before or during the hearing of appeal." 3. In this case the Assessing Officer observed that as per the records and TDS certificate furnished with the assessment records, gross receipt was Rs. 7,07,71,920/- as against Rs. 5,11,62,138/- as shown in P&L account of the assessee. Therefore, Assessing Officer held that the assessee has wrongly understated its receipt, thereby failing to disc....
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.... has not made any adverse comments in the remand report in this regard. Considering these submissions, Ld. Commissioner of Income Tax (A) observed that he was of the opinion that there is no suppression of receipts and the addition of Rs. 1,96,09,782/- was deleted. 5. Against the above order the Revenue is in appeal before us. 6. We have heard the rival contentions and perused the records. We find that Ld. Commissioner of Income Tax (A) has clearly given a finding that the assessee has submitted its reconciliation of the total turnover, as per TDS certificates and that as per the books of account. Based on the reconciliation, the addition in this case is not sustainable. Further ld. Counsel of the assessee has produced the followin....