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TMI Blog2021 (2) TMI 320X X X X Extracts X X X X X X X X Extracts X X X X ..... arned AR for the assessee pleaded before us that assessee is ready to file necessary details to explain difference between turnover reported in books of account and Form 26AS. In order to give one more opportunity of hearing to the assessee, the appeal is set aside to the file of the Assessing Officer and direct him to redo the assessment, after considering necessary evidence filed by the assessee including reconciliation explaining the difference between turnover reported in books of account and Form 26AS. Needless to say, the assessee shall appear before the Assessing Officer without seeking any adjournment and file necessary details for speedy completion of assessment proceedings - Appeal is allowed for statistical purposes. - I.T.A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s a partnership firm, filed its return of income for the assessment year 2014-15 on 30.11.2014 declaring total income of Rs. 23,75,250/-. The case was selected for scrutiny and during the course of assessment proceedings, the Assessing Officer noticed that there is mismatch between turnover reported in return of income filed for the relevant assessment year and gross receipts as per Form 26AS, therefore, called upon the assessee to furnish necessary evidences including reconciliation between the turnover reported in books of account and turnover as per Form 26AS. In response, the assessee submitted that turnover reported as per Form 26AS, includes amount paid by customers towards reimbursement of expenses, whereas turnover reported in fina ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... with necessary reconciliation. 6. The learned DR on the other hand, submitted that assessee has failed to file necessary reconciliation explaining the reasons for difference in turnover as per books of account and gross receipts as per Form 26AS and hence, there is no need to give another opportunity to the assessee to go before the Assessing Officer. 7. We have heard both the parties, perused the material available on record and gone through the orders of authorities below. It is an admitted fact that Assessing Officer has passed assessment order in the absence of books of account and estimated profit on the basis of turnover reported in Form 26AS. Even before the learned CIT(A), the assessee could not appear and file necessary detai ..... X X X X Extracts X X X X X X X X Extracts X X X X
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