{"id":45287,"date":"2024-08-16T09:59:56","date_gmt":"2024-08-16T04:29:56","guid":{"rendered":"https:\/\/itatonline.org\/digest\/acme-telecom-and-network-solutions-p-ltd-v-ito-2023108-itr-29-snbang-trib\/"},"modified":"2024-08-16T09:59:56","modified_gmt":"2024-08-16T04:29:56","slug":"acme-telecom-and-network-solutions-p-ltd-v-ito-2023108-itr-29-snbang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/acme-telecom-and-network-solutions-p-ltd-v-ito-2023108-itr-29-snbang-trib\/","title":{"rendered":"Acme Telecom and Network Solutions P. Ltd. v. ITO (2023)108 ITR 29 (SN)(Bang) (Trib)"},"content":{"rendered":"<p>Held that the assessee had recognised sales\/receipts and\u00a0 had claimed credit for the entire tax deducted at source. The books of account had been audited by the auditor and the Assessing Officer had accepted the books of account. The details for the financial years\u00a02004-05\u00a0to\u00a02014-15\u00a0showed that the assessee had claimed credit for the entire tax deducted at source, but had offered the income to tax in prior or subsequent year. Therefore, considering the entire facts and the documents produced by the assessee, the Assessing Officer is\u00a0 to reconcile the accrual of income during the year as claimed by the assessee and decide the issue afresh according to law, after reasonable opportunity of being heard to the assessee.(AY.2011-12)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 143(3): Assessment-Income from undisclosed sources-Deduction of  tax at source-Accounts-Difference between turnover reported in Form 26AS  and in return-Directed to reconcile accrual of  income during  and decide in accordance with law. [S. 5, 145,  Form No 26AS]  <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-45287","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bMr","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=45287"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45287\/revisions"}],"predecessor-version":[{"id":45288,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/45287\/revisions\/45288"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=45287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=45287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=45287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}