Register Daily Newsletters My Bookmarks My Queries (D. Forum) My Replies (D. Forum) My Articles My Inbox (PM) Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding

   For Sales / Support:
WhatsApp WhatsApp 9911796707
Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
TMI - e-Newsletter     TaxTMI    Goods matched documents like e-way bill and...     TaxTMI    NRI's unexplained mutual fund investment & capital...     TaxTMI    Land sale profit: Business income or long-term...     TaxTMI    Lending business earned interest spread, no...     TaxTMI    Money laundering case: Balancing PMLA bail...     TaxTMI    Export of service partly performed outside India...     TaxTMI    Technical testing firm wins CENVAT credit case;...     TaxTMI    Excess Input Tax Credit penalty appeal dismissed...     TaxTMI    Transport agency's bundled services disqualify it...     TaxTMI    Taxman overreached by turning limited scrutiny into...     TaxTMI    Genuine anonymous donations not taxable. Grants not...     TaxTMI    Property investment source verification not valid...     TaxTMI    Income Tax Assessment Notice Issued by...     TaxTMI    Freight charges paid to foreign shipping co. not...     TaxTMI    Massive financial fraud via sham deals to launder...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Addition made on account of difference in credit of income as ...

Case Laws     Income Tax

September 20, 2018

Addition made on account of difference in credit of income as per 26AS statement and income credited in Income and Expenditure accounts - these timing differences in recognition of revenue with corresponding TDS, will get adjusted in future years and hence there is no tax evasion on the part of the assessee.

View Source

 

← Previous Next →

 

You may also like:

  1. Additions towards difference in interest income between interest as per Form 26AS and interest income shown in the Return of Income - Since the alleged accommodation...

  2. Addition of interest income due to the difference of income of assessee as per 26AS statement and actual interest figure shown in the profit & loss account - Extra...

  3. Additions based on 26AS statement - undisclosed income - Petitioner has not made any complaint at any stage regarding any fictitious or wrong entries in the 26AS...

  4. Addition u/s. 41(1) - Difference between the amount payable as per books of accounts and amount as per the confirmation received from the creditor - The High Court...

  5. Addition on difference between balance in account as per the books and the balance as per bank statement - cheques issued but not presented - addition can not be made...

  6. Addition on account of excess stock - difference in stock statement submitted with bank and as per books of accounts - No additions

  7. Additions on account of mismatch in 26AS (TDS) statement and accounting entries on account of contract report - submission of assessee that difference reflected in 26AS...

  8. Unexplained cash credit - addition of cash deposit in bank account - It is important to mention here that the bank statements cannot be termed as books of accounts for...

  9. Addition u/s 68 - non maintenance of books of accounts - There was no actual credit of cash or otherwise received by the assessee. No entries are made in the books of...

  10. Addition on account of difference between commission receipt declared by the assessee and as per Form 26AS - assessee has miserably failed to provide a satisfactory...

  11. Additions towards difference in the 26AS (TDS statement) and the books results - books of account of the assessee duly audited - We have noted that the audited books of...

  12. Addition u/s.69 - difference of cash balance in the bank account as per books of account and as per the bank statement - once the books of accounts of the assessee are...

  13. Difference in gross receipts as per Form no. 26AS and books of accounts of the assessee - The assessee is following the method of accounting as per which it was...

  14. Addition on account of non-reconciliation of Form 26AS - business of advertisement agency - the assessee reports only the commission portion as its income in its P & L...

  15. Addition on account of income as per TDS certificate - Difference in books of accounts and TDS certificate - addition wholly unwarranted. - AT

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
H: Penalty on concealment deleted due to lack of evidence of deliberate u...
H: Company's expenses disallowed, but no penalty as details disclosed; Tr...
H: Resolving Arbitral Tribunal's Mandate Extension: Supreme Court Allows ...
H: Court allows appeal against retrial order for evidence forgery; uphold...
H: Provisions restricting input tax credit on goods/services for construc...
H: Tax Penalty Notice Defects: Grounds Must Be Clear.
H: Taxpayer gets relief under tax dispute resolution scheme despite pendi...
H: Lack of jurisdiction for AO to invoke Sec 153C without receiving mater...
H: Writ challenging assessment dismissed; assessee availed remedy of appe...
H: Income from house property additions - ALV capped at Rs.8.39L for 2015...
H: Fraudulent employee mishandling led to embezzlement loss deductible u/...
H: Taxpayer challenges legality of vague penalty notice - CIT(Appeals) om...
H: Tax-free dividend income, interest-free funds disallowance relaxed, TD...
H: Property renovation costs wrongly disallowed; Revenue authorities over...
H: Charity trust's registration wrongly denied, court orders re-evaluatio...
F: Labour Cess applicable on cost of construction without GSt or gross cost
F: Merger of two GSTIN in the same State - Procedure to be followed
F: interest lability on ITC when payment to supplier is made after 180 days
F: GST on Solar Plant
F: ITC Issue in case of Acqusition of Company in Insolvency
F: Stock damaged in recent floods
F: TDS dedudted after 3 years after reporting invoices in GSTR 1
F: Time limit to upload Form GST MOV-09 on GST portal
A: PENALTY ON DIRECTORS CONTRAVENING EXPORT REGULATIONS UNDER FOREIGN EXC...
A: Difference between “License” and “Royalty”
A: Penalty proceedings under Section 130 of the CGST Act cannot be initia...
N: Inland Container Depots for loading and unloading of goods - Seeks to ...
C: Guidelines to Stock Exchanges, Clearing Corporations and Depositories
T: Supreme Court Upholds Validity of Re-Assessment Notices Issued During ...
A: Director Identification Number