Addition cannot be made for mere credit in form 26AS without examination

i2i Telesource Pvt. Ltd. Vs ITO (ITAT Mumbai)

The issue here is mismatch in gross amount as reflected in 26AS statement and the P&L account of the assessee. In the case of K. Rajasekar (supra), the assessee received a sum of Rs.64,85,397/- from company TTPL. While filing the TDS return, TTPL claimed that a sum of Rs.1.26 lakhs was paid to the assessee. However, the assessee claimed that out of the above amount, a sum of Rs.58.3 lakh was being credited to the assessee wrongly and actually the assessee received Rs

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