Sales Addition Deleted After Reconciliation of VAT and Non-Trade Receipts

ITO Vs NCR Vehicles Private Limited (ITAT Delhi) Sales Reconciliation Wins: ITAT Delhi Upholds Deletion of ₹13.61 Cr Sales Difference & ₹5 Lakh u/s 68 Addition — No Rule 46A Violation Delhi ITAT dismissed the Revenue’s appeal and upheld the order of the CIT(A) deleting additions of ₹13.61 crore towards alleged excess sales and ₹5 lakh u/s 68. The AO had treated the difference between sales as per sales ledger and sales reflected in the P&L account as unexplained, while also adding ₹5 lakh for differences in creditor balances. The Tribunal noted that the Assessee had d...