ITAT orders a reexamination on the discrepancy between the contract receipts and Form 26AS.
The Income Tax Appellate Tribunal (ITAT), Raipur bench, directed readjudication in respect of the mismatch between 26AS and contract receipt of the assessee. Sandeep Surendran Nair, a mechanical contractor within the cement industry, filed his return of income for the assessment year 2014-15 on 29.11.2014, declaring an income of Rs.69,30,640. The case was subsequently selected…
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