2023 (7) TMI 169

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.... PER SANJAY GARG, JUDICIAL MEMBER: The present appeal has been preferred by the assessee against the order dated 26.07.2022 of the National Faceless Appeal Centre (hereinafter referred to as the 'CIT(A)') passed u/s 250 of the Income Tax Act (hereinafter referred to as the 'Act'). 2. The sole issue raised in this appeal by the assessee is relating to the addition made by the Assessing Officer o....

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....his uncle Late Prabir Kr. Sircar was Rs. 2,66,46,349/-. However, the accountant wrongly mentioned the figure at Rs. 10,54,31,188.45/- resulting into the increase in capital of the assessee to the extent of Rs. 8.64 crore. The ld. counsel has further submitted that the accountant further committed some mistakes in respect of other bank balances and cash in hand and thereby wrongly mentioned the fig....

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....cle Late Prabir Kr. Sircar. The assessee has also duly explained the mistake in noting the figures by the accountant of the assessee. The assessee has duly submitted the revised balance sheet also. The contention of the assessee has been rejected on the ground that the assessee has repeated the same figures for subsequent A.Y 2017-18. However, the counsel for the assessee, in this respect, has sub....