Addition of difference of sales declared in P&L and cash book without providing sufficient opportunity untenable

Prasanta Kumar Mohapatra Vs PCIT (ITAT Cuttack)

ITAT Cuttack held that difference between the sales declared in the profit and loss account and as per the cash book entire added by PCIT without providing sufficient opportunity to reconcile the same. Thus, AO directed to examine the issue.

Facts- The assessee is an individual and is proprietor of four firms which are engaged in different kind of businesses such as Honda two-wheeler dealership, Fuel Filling station of Reliance, Iron ore crusher and retail sale of IMFL. The return of income for the impugned yea

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