Follow Us:

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

CA Vijayakumar Shetty 18 Dec 2025 276 Views 1 comment Print
Warning: Undefined variable $show_all_cats in /home/taxguru/public_html/wp-content/themes/tgv5/single.php on line 63
Income Tax |
Warning: Undefined variable $show_all_types in /home/taxguru/public_html/wp-content/themes/tgv5/single.php on line 71
Judiciary

Warning: Undefined variable $all_cats in /home/taxguru/public_html/wp-content/themes/tgv5/single.php on line 80

Case Law Details

Case Name : ITO Vs NCR Vehicles Private Limited (ITAT Delhi)
Related Assessment Year : 2011-12
Become a Premium member to Download. If you are already a Premium member, Login here to access.

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

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

Author Bio

CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

My Published Posts

PCIT Cannot Convert Bogus Purchase Disallowance into Section 69C Income via Revision u/s 263 Intra-Group Loan Restructuring & Partner Account Reclassification Not Bogus Credits Reassessment for Bogus Purchases Quashed: Approval by Pr.CIT Invalid After 3 Years ITAT Selection Set Aside for Bias: SC Orders Fresh Committee Without Tainted Member Property Deal Addition Fails for Breach of Section 153C Time Limits View More Published Posts

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Comments are closed.

Ads Free tax News and Updates
Search Post by Date
February 2026
M T W T F S S
 1
2345678
9101112131415
16171819202122
232425262728