Assessee received Rs. 1.10 lac as interest from bank, however, information appearing in Form 26AS showed said amount to be Rs. 4.48 lakh. AO made addition of Rs. 3,37,791 as income of the assessee. CIT(A) also confirmed the addition. On appeal Tribunal held that once assessee had produced reasonable evidence establishing a particular quantum of interest income in his hands and such evidence was not found fault with, he could not be taxed on some other figure merely because a tax deductor stated that other figure when the assessee had no control over inputs made by the deductor. (AY. 2011-12)
Seal For Life India (P.) Ltd. v. DCIT (2018) 173 ITD 229 /( 2019) 197 TTJ 742/ 174 DTR 281(Ahd.) (Trib.)
S. 143(3) : Assessment-Form 26AS-Merely on the basis of information form 26AS submitted by the deductor, addition cannot be made, as the assessee had no control over inputs made by the deductor. [ S. 4]