Assessing Officer held that there was some difference in gross receipts reflected in Form 26AS and that declared by assessee in return. The AO is made addition as cash credits. CIT(A), affirmed the order of the AO.On appeal the Tribunal admitted the additional evidence and remanded the matter to the file of AO for de novo adjudication. (AY. 2014-15)
GIIR Communications India (P.) Ltd. v. DCIT (2024) 207 ITD 697 (Delhi) (Trib.)
S. 68 : Cash credits-Additional evidence-Mismatch in receipts between profit and loss account and Form 26AS-Matter remanded back to Assessing Officer for de novo adjudication.[Form No 26AS, ITAT R. 29]
Leave a Reply