interest income of Rs. 3,77,410/- on the basis of form
26AS.
4. The facts in brief are that the assessee is a private ... which claimed TDS
credit of Rs. 84,050/- whereas as per form 26AS, the SBI shown payment of
interest
practice of
uploading Form-26AS was not fully and efficiently operational and the deductor
still used to send hard copy of TDS Certificate -Form ... concealment.
The assessee accordingly, after waiting for the uploading of the Form-26AS
could file the original return only
difference in gross receipts as per Books
of assessee and Form-26AS.
The Revenue has assailed the assessment order on the solitary issue of
interest ... appeal, the assessee
has assailed addition made consequent to mismatch in Form-26AS. The ld.
Counsel contented that the AO has erred in making addition
14Aof the Act.
6. Mismatch of income as per Form 26AS data
6.1 erred in making an addition of Rs.24,03,464/- in respect ... amounts remaining unreconciled with Form 26AS, without
following the directions of DRP which had directed the AO to make
addition only after making enquiry with
deleting the addition of Rs. 13,20,80,813/- being the undisclosed 26AS receipt,
without considering the fact that the reconciliation statement furnished ... facts of the case as noted by the AO ass per 26AS data relating to the assessee, the
total receipt for the year
account of difference between contract
revenue as per 26AS and contract revenue credited to P&L A/c and, therefore,
the addition ... account of difference between
contract revenue as per 26AS and Contract revenue credited to profit and loss
account was in two parts:
i. Addition
with respect to addition on account of reconciliation of receipts
with Form 26AS. The grievance of the assessee is that ... difference amounting to
Rs.2,883,003/- in receipts reported in Form 26AS and as per the Profit and
Loss Account as income
addition of Rs. 70,06.830/-
was made on the basis of form 26AS and the assessee
has miserably failed to reconcile his income declared with ... statement 26AS.
3. The Ld. Pr. Commissioner of Income Tax (OSD) (Appeals),
Moradabad has erred in law and on facts of the case by
deleting
appellant has received amount
as per table below:-
Period Receipt (26AS) Receipt (ITR) Difference ... observed that
Rs.12,23,82,691/- (as per Form 26AS) was received against
services on which the service tax was to be paid under
deposited Rs.20 lakhs in the bank account
as per Form 26AS, but in fact, there is no such information available in
Form 26AS ... time of hearing, the Ld. Counsel demonstrated through
furnishing copy of Form 26AS bringing to the notice of the bench that in
the said Form
