Tag: Form 26AS addition

50 percent expenditure allowed from Consultancy services without proof of expenses in view of the provisions of section 44ADA ABACUS Case Law CitationABCAUS 3350 (2020) (07) ITAT In the instant case, the assessee had challenged the order passed by the CIT(A) in confirming the order of the AO …

For difference of receipts as per 26AS and books of account, only embedded portion of profits can be added to the income ABCAUS Case Law CitationABCAUS 3540 (2021) (08) ITAT In the instant case, the assessee had challenged the order passed by the CIT(A) in confirming the addition …

Form 26AS amounts not income if not credited in books of accounts of the assesssee. It is a well settled law that the bank account is not books of account of the assessee.  Mere issue of TDS certificate does not establish any income-ITAT. ABCAUS Case Law Citation: 1003 …