account of non-reconciliation on certain amounts reflected in Form 26AS
with the return of income of the assessee.
9.1. The brief facts of this ... found that there were many receipts entries as per form 26AS
but which were not reported in the books of accounts of the assessee
Assessing
Officer noted that there was difference of TDS as per 26AS statement and the
TDS declared in the return of income. In order ... same, the
Assessing Officer called for the details. On perusal of 26AS statement, the
total TDS was ₹ 6,43,191/- and as per return
figure of deposit of Rs. 3,41,81,000/- is shown in 26AS and insight portal of the department. 26AS is attached as ANNEXURE ... bank account with Union Bank of India is shown in Form 26AS to be Rs.3,41,81,000/-. It had made cash deposit
Deputy Commissioner Of Income Tax, ... vs M/S Ksheer Sagar Developers Pvt. Ltd., ... on 31
reconciliation of receipts in P& L Account
with that in Form 26AS without considering the fact that the assessee ought to have
shown these
153A on the basis of
interest income reflected in Form No. 26AS.
2) The ld. CIT (A) has erred on facts ... interest is declared
at Rs. 1,85,742/- as reflected in 26AS. Thus the assessee contended that the
difference cannot be considered as undisclosed interest
justified in adding Rs.
6461/- based on the entry in Form No. 26AS which did not pertain to the
assessee.
2. The CIT(A) ought ... Revenue. The AO had
observed from AIR data base i.e. 26AS , that the assessee had an
undisclosed income-tax deducted at source
Hitt Holland Institute Of Traffic ... vs Ddit, International Taxation 1(1), ... on 8 February, 2017
Interest income
not accounted in financials on the basis of Form 26AS. The
same be considered and the addition be deleted.
5) The Learned ... return of income (as against the
details gathered from Form no.
26AS).
7. Addition made
being the alleged difference in turnover as per 26AS
and audited accounts. Complete reconciliation for the same was
furnished before lower authorities. It was mentioned ... that the
amount in 26AS includes interest received, and other payments
includes customs and other statutory duties which have been
separately accounted
