2022 (12) TMI 648

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....arned CIT (A) dated 7th July 20 19 bad in law and on facts in sustaining the additions. The Ld. CIT(A) has failed to appreciate typo error which was also present on record. 2. Assessee has been wrongly declared exempted income in ITR amounting Rs.1,33,79,514/- instead of amounting Rs.1,26,29,418/- through typo error. This addition need to be delete. 3. On the facts and in law and in the circumstances of the case, the Ld. AO erred in disallowing the deduction claimed u/s 24 amounting to Rs.30,000/- in complete disregard to the details placed on record." 3. None appeared for the assessee, the notice issued by the registry was duly served on the assessee and even after service of the notice, the assessee or his representat....

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....otal income Rs. 1,16,63,176/-   Income assessed u/s 143(3) of the Act Rs. 1,16,63,176/-   Rounded off u/s 288A Rs. 1,16,63,180/-" 6. As against the assessment order the assessee has preferred an appeal before the CIT(A) on following grounds are as under:- "1. That the Ld. AO failed to appreciate that the due to type error the exempt income declared in ITR was reported as Rs. 1,33,79,514f-instead of actual exempt amount of 1,26,29,418/-. Capital account of M/s Jjrs Projects was provided to the Ld. 40 where as capital introduction of Rs. 7,50,000/- was wrongly added to exempt income. Although capital account of M/s JiRS projects was provided to the id. AO but the same was not considered. The appellan....