Difference in Opening Stock and Closing Stock due to Clerical Mistake in ITR: ITAT upholds deletion of Addition [Read Order]

Difference - Opening Stock - Closing Stock - Clerical Mistake - ITR-ITAT -TAXSCAN

The Income Tax Appellate Tribunal (ITAT) Delhi bench observed that difference in the opening stock and closing stock of assessee arised due to the clerical mistake of Filing Income Tax Return. Therefore the bench upheld the deletion of addition. Assessee, Roshan Lal Sharma, is an individual in the business of manufacturing and export of garments….

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