Court Deletes Income Addition Due to Lack of Evidence Linking Assessee to Alleged Parties Under AS-26 Discrepancies.

Addition being the difference in receipts as per the Profit and Loss Account and as per AS-26 - addition was made solely based on the AIR information without bringing any cogent evidence on record to suggest that the assessee received income from the said parties especially when the assessee is denying any transactions with those parties - addition directed to be deleted - AT .....

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