Income Discrepancy in Form 26AS: No Addition Without AO Evidence Linking Income to Taxpayer.

Difference in job work income shown in the profit & loss account and income as per form no.26AS - It is settled position of the law that no addition can be made on the basis of receipts shown in the ITS alone, unless the AO is able to show with evidence that such income forms part of the income of the assessee. .....

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