Appeal before the ITAT


This query is : Resolved 

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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?


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