Tribunal held that the difference in the revenue recognised by the assessee and form 26AS statement was bad in law inasmuch as section 68 was not at all applicable on such difference. The Assessing Officer was directed to examine the reconciliation statement mentioned and when found correct, no addition was called for. ( AY.2012-13, 2015-16)
Avaya India Pvt. Ltd. v Add. CIT (2020)78 ITR 305 ( Delhi) (Trib)
S. 68 : Cash credits – Difference between form no 26AS and tax credit statement – Assessing Officer is directed to examine reconciliation statement .