Deletion of addition unjustified as nature of entries in cash book not being recorded in day book not considered

Sunil Kumar Ahuja Vs ACIT (ITAT Hyderabad) ITAT Hyderabad held that CIT(A) wrongly deleted the addition as nature of entries found in the cash book which were not recorded in the day book was not considered. Facts- During the course of assessment proceedings, on verification of the cash book and daybook, AO noted that number of cash receipt received as per cash book are not reflecting in the day book. AO, therefore, asked the assessee to explain the discrepancies. The assessee explained that there are mistakes in daybook and cashbook originally submitted and filed another cash book. However, A...