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No Addition Solely on Difference Between Service Tax Data & Books: ITAT Delhi
Case Law Details
- Case Name
- Deepsons (India) Pvt. Ltd. Vs ACIT (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2017-18
- Courts
- All ITAT, ITAT Delhi
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Deepsons (India) Pvt. Ltd. Vs ACIT (ITAT Delhi)
Whether difference between turnover reflected in CBEC / Service Tax data and turnover recorded in the books of account can, by itself, justify an addition for under-reported revenue without independent enquiry by the Assessing Officer.
Brief Facts: The assessee filed return declaring total income of ₹1,02,48,020.
The case was selected for scrutiny and assessment was completed by making an addition of ₹4,21,34,712 alleging under-reporting of revenue, based on CBEC / Service Tax data.
The AO compared service tax turnover with turnover as per bo...
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