Appeal before the ITAT


This query is : Resolved 

Quick Summary
A carpenter declared income under presumptive taxation (Section 44AD) after depositing over Rs. 35 lakh in their bank account from their business. Despite filing returns with over 8% profit, the assessee was unsuccessful before the Commissioner (Appeals) and is now before the ITAT. The core question is whether books of accounts can be submitted at this stage, given the initial filing under presumptive taxation.

(Querist)
22 April 2025 Sir,there was cash deposits of Rs.35,00,000 plus in to the bank which was generated from carpentary business as the assessee is the carpenter, accordingly, income tax return has been filed u/s.44AD while declaring the profit more than 8%. lator, there was scrutiny assessment under faceless and subsequetnly commissioner appeals and now we are before the ITAT as the assessee has not been sucessfull before the two authorities. Now my quesiton is whether can I submit the books of accounts before the ITAT. I have doubt as to since the ROI is filed under Presumptive taxation, whether books of accounts can be produced

22 April 2025 Not advisable, unless the ground of appeal has different objection.

23 April 2025 what is the ground of addition here?


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
10 November 2026
Direct Tax Manager

CAAQ CONSULTANCY PVT LTD

New Delhi

CA Final

View Details
Company
12 November 2026
Tax Product Specialist

BharatX.ai

Gurgaon

B.Com

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
10 November 2026
FP&A Executive

Gujarat Guardian

Ankleshwar

CA Final

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details
Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details