Difference in receipt shown in the Profit & Loss account and as ...

July 25, 2020

Case Laws Income Tax AT

Difference in receipt shown in the Profit & Loss account and as per TDS certificate - the facts on record clearly show lack of proper enquiry by the Assessing Officer. It is a well settled legal principle that without making proper enquiry and bringing contrary material on record to falsify assessee‘s claim, the AO cannot make addition purely on conjecture and surmises. - AT

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Difference in receipt shown in the Profit & Loss account and as ...

July 25, 2020

Case Laws Income Tax AT

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