Addition Based on Form 26AS Set Aside Due to Need for Verification of Actual Receipts

Dattani Construction Vs ITO (ITAT Mumbai) The appeal before the Income Tax Appellate Tribunal (ITAT), Mumbai Bench “D”, pertained to Assessment Year 2011–12 and arose from an order passed by the Commissioner of Income-tax (Appeals), National Faceless Appeal Centre. The assessee, a partnership firm engaged in real estate development, challenged multiple additions and disallowances made during assessment proceedings The original return of income was filed on 30 September 2011 declaring total income of ₹4,64,557. The assessment was completed under section 143(3) of the Income-tax Act, 19...