Addition of difference of turnover in audit report and ITR sustained as no proper justification offered

Advertisement Ravindra Arvind Ranade Vs ITO (ITAT Pune) ITAT Pune held that no proper justification offered by the assessee in respect of difference of turnover reported in audit report and ITR. Accordingly, addition towards the said difference sustained. Facts- The case of the assessee was selected for scrutiny on the reason of Mismatch in sales turnover reported in Audit Report and ITR. AO has issued various notices to the assessee and requested to explain the difference. In response to the notices, the assessee has filed a reconciliation statement. AO concluded that there is mismatch of ...