AO cannot make any addition without giving adequate opportunity to assessee


Last updated: 08 May 2013

Court :
INCOME TAX APPELLATE TRIBUNAL

Brief :
The assessee has raised various grounds in its appeal. However, at the time of hearing before us, the main contention of the learned counsel for the assessee was for setting aside the matter to the file of the Assessing Officer or the CIT(A). He submitted that the Assessing Officer made the huge addition of `23,19,980/- on the ground that there was difference in the outstanding amount as per the confirmation of the debtors and the assessee’s balance sheet.

Citation :
M/s Wadhwa Brothers,Plot No.29A, New Palam Vihar Extension,Dharam Colony, Near Shiv Mandir, Gurgaon – 122 001. PAN: AAAFW6373Q. (Appellant) Vs. Assistant Commissioner of Income Tax, Gurgaon Circle,Gurgaon – 122 001. (Respondent)

You have reached daily limit of 2 Free Judgements. To view this or other Judgements please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)
 

CCI Pro

CS Bijoy
Published in Income Tax
Views : 1059
Share Report Abuse
Comments

CAclubindia's WhatsApp Groups Link

Other Latest Judgments

View More Judgments »


CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us

Browse by Category