Regular books of accounts maintained in tally not constitute incriminating material  

Micro Ankur Developers Vs DCIT (ITAT Mumbai)

The issue which now requires consideration is whether the additions/disallowances which the AO made in the order impugned in this appeal was based on or made with reference to any incriminating material/document found in the course of search. The only material now being referred to by the lower authorities in their submissions dated 21-06-2022 was the regular books of accounts maintained in the Tally Accounting Software. We find merit in the submissions of the Ld. AR that the regu

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