2025 (5) TMI 2087

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....eclaring total income of Rs. 85,01,46,040/- under the normal provision of the Act. The AO/CPC assessed the total income of the assessee at Rs. 90,57,18,400/- after making addition of Liabilities written back at Rs. 5,51,81,527/- and an amount of Rs. 3,90,829/- double addition made on account of the ICDS adjustment. 3. Aggrieved by the said order the assessee preferred an appeal before the Ld. CIT(A) wherein the appeal of the assessee has been partly allowed as the Ld. CIT(A) has confirmed the order of AO with respect to addition of Rs. 5,51,81,527/- under liabilities written back but deleted the addition on account of ICDS adjustment. Being aggrieved and dissatisfied the assessee preferred an appeal before us. 4. The Ld. A.R challenges t....

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....92,577 14.(xi).3 Liability for LTC no longer required and written back 1,28,158 1,28,158 14.(xi).4 Liability for Wages no longer required and written back 1,26,47,587 1,26,47,587 14.(xi).5 Liability for Transit Fees no longer required and written back 1,01,31,242 1,01,31,242 14. (xi).6 Liability for Mandi Fees no longer required and written back 33,80,641 - 14.(xi).7 Liability for Bonus no longer required and written back 17,14,754 - 14.(xi).8 Liability for Ex-gratia no longer required and written back. 20,08,062 20,08,062   Total 6,02,76,922 5,51,81,527 On perusal of the above chart it appears to us that the amount of Rs. 5,51,81,527/- already formed part of profit and loss account and has already been off....