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TMI Blog2025 (3) TMI 300X X X X Extracts X X X X X X X X Extracts X X X X ..... value added tax which was admitted by the authority concerned. In the tax auditors report same was duly reported. As stated that the amount falling within the scope of Section 28 was ₹ Nil. We also note that assessee has stated that the goods and service tax was not rooted through the profit and loss account. Considering these facts, we find merit in the contention of the ld. AR that the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ESH KUMAR, AM: This is an appeal preferred by the assessee against the order of the Commissioner of Income-tax (Appeals), Coimbatore (hereinafter referred to as the "Ld. CIT(A)"] dated 23.01.2024 for the AY 2022-23. 02. The only issue raised in the various grounds of appeal is against the order of ld. CIT (A) confirming the reduction in the current year loss eligible to be carried forward of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ustment was made by the system and software-based CPC upon mismatch of ITR and form no.3CD. According to the ld. CIT (A) the auditors of the assessee have clarified that ₹ 5,74,70,370/- was a item falling u/s 28 of the Act and thus, noted that the auditors report was wrong. The ld. CIT (A) however clarified as to how the amount of ₹ 3,09,80,426/- was arrived at by CPC Bangalore. The ld ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... teworthy to state that Para 16a, stated that the amount falling within the scope of Section 28 was ₹ Nil. We also note that at page no.26, the assessee has stated that the goods and service tax was not rooted through the profit and loss account. Considering these facts, we find merit in the contention of the ld. AR that the information furnished by the assessee in the tax report in Para no.1 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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