Form 26AS Mismatch Alone Can’t Justify Income Addition: ITAT Mumbai

Goldmohur Design And Apparel Park Limited Vs DCIT (ITAT Mumbai) Form 26AS Mismatch Alone Not Conclusive: Mumbai ITAT Orders Verification to Avoid Double Taxation The Mumbai Bench of the ITAT allowed the appeal of Goldmohur Design and Apparel Park Ltd. (AY 2018-19) for statistical purposes by setting aside additions made solely on the basis of Form 26AS mismatches and restoring the issues to the Assessing Officer for factual verification. The additions related to interest income (₹14.39 lakh) and sale of services (₹23.07 lakh) were confirmed by the CIT(A) primarily due to lack of corroborat...