Addition u/s 28 - difference between receipts as per 26 AS and ...

Section 28 Assessment: No Income Additions for Assessee as Reported Receipts Align with Audited Books, No Defects Found.

January 21, 2023

Case Laws Income Tax AT

Addition u/s 28 - difference between receipts as per 26 AS and as per books of accounts - The assessee is maintaining regular books of accounts audited by independent chartered accountant which normally to be taken as correct unless there are adequate reason to indicate that the same is incorrect or unreliable. It is not the case of the A.O. that there are a specific defect or discrepancies in the books of accounts of the assessee. - No additions - AT

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Addition u/s 28 - difference between receipts as per 26 AS and ...

Section 28 Assessment: No Income Additions for Assessee as Reported Receipts Align with Audited Books, No Defects Found.

January 21, 2023

Case Laws Income Tax AT

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