Clerical Error in Accounts Triggers Fresh Probe of Cash Deposit

Hansraj Jain Vs ITO (ITAT Bangalore)

Wrong Date, Wrong Addition: ITAT Restores Cash Deposit Issue Where Bank Entry Was on 15-11-2016, Not 05-11-2016

Bangalore ITAT allowed Assessee’s appeal for statistical purposes and restored the issue of addition of ₹34,49,310 u/s 68 to the file of AO for fresh verification after noting a fundamental factual error in the assessment. Assessee, a jeweller, was subjected to addition on the premise that cash of ₹34.49 lakh wa

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