Reconciliation mut Before Denying TDS for Discrepancy Between 26AS & Return Receipts

Jagannath Transport Corporation Vs DCIT (ITAT Raipur)

ITAT Raipur held that denial of TDS claimed based on difference between gross turnover as per 26AS and total receipts reflected in returns, without verifying reconciliation prepared by assessee, is not justified. Hence, matter restored to CIT(A).

Facts- While processing the return of assessee, the same was considered defective by the CPC and notice u/s 139(9) was issued on 13.02.2024, stating that the gross receipts of assessee reflecting in Form 26AS, on which credit for TDS has been claimed, are higher

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