Return not become defective for mere mismatch in income as per ITR & Form 26AS

Deere & Company Vs DCIT (International Taxation) (ITAT Pune)

The AO in the extant case has invoked Explanation (a) to section 139(9) of the Act on account of mismatch of the figures of income as returned and as per Form 26AS. Section 139(9) provides in the opening part that: `a return of income shall be regarded as defective unless the following conditions fulfilled‟. Then there are clauses (a) to (f). The AO has activated clause (a), which states that: “the annexures, statements and columns in the return of income r

Please become a Premium member. If you are already a Premium member, login here to access the full content.