ITAT Pune Remands TDS Discrepancy Case for Reassessment

Shree Construction Vs ITO (ITAT Pune) Shree Construction challenged an assessment order for AY 2013-14, which resulted in a significant income adjustment due to alleged discrepancies in tax deducted at source (TDS). The Assessing Officer (AO) determined that the firm failed to deduct TDS on expenses amounting to ₹4.05 crore, leading to an addition of ₹6.52 crore to the total income. The assessee’s appeal before the Commissioner of Income Tax (Appeals) [CIT(A)] was dismissed as the firm failed to provide supporting documents. However, the assessee argued that it was not given a fair o...