Assessing Officer's Assumptions Challenged: Lack of Inquiry Invalidates Additions in Profit & Loss vs. TDS Discrepancy Case.

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....Difference in receipt shown in the Profit & Loss account and as per TDS certificate - the facts on record clearly show lack of proper enquiry by the Assessing Officer. It is a well settled legal principle that without making proper enquiry and bringing contrary material on record to falsify assessee‘s claim, the AO cannot make addition purely on conjecture and surmises. - AT....