Tag: incorrect salary in form 26AS

Concealment penalty deleted for excess salary appearing in Form 26AS on revision by employer. ITAT accepted assessee’s explanation as bonafide & genuine ABCAUS Case Law Citation:ABCAUS 3160 (2019) (09) ITAT Concealment penalty for excess salary appearing in Form 26AS In the instant case, the appeal was filed by …

Penalty u/s 271(1)(c) for inadvertently not showing salary from second employer deleted as assessee suo moto recalculated and paid the tax along with interest ABCAUS Case Law Citation: ABCAUS 2908 (2019) (05) ITAT The appeal was filed by the assessee against the order of the Commissioner of Income …

For discrepancy in salary figure between Form No. 16 and 26AS it cannot be said that the assessee has concealed amount or furnished inaccurate particulars of income – ITAT ABCAUS Case Law Citation: ABCAUS 2737 (2019) (01) ITAT During scrutiny proceedings u/s 143(3) of the Income Tax Act, …

Addition for incorrect salary  in form 26AS of IAS Officer quashed in view of contradiction in certificate by Chief Treasury Officer and Form 26AS – ITAT ABCAUS Case Law Citation: 1023 (2016) 09 ITAT Assessment Year 2011-12 Brief Facts of the Case: The assessee was an IAS Officer …