TDS Mismatch in 26AS and Profit & Loss Account: ITAT Orders Reassessment on Lack of Substantiating Evidence

TDS - Profit - Loss - Account - ITAT - Reassessment - Substantiating - Evidence - TAXSCAN

The Income Tax Appellate Tribunal of Kolkata Bench has issued a directive for the reassessment of a case where there was a discrepancy between the Tax Deducted at Source (TDS) reported in Form 26AS and the profit and loss account. This discrepancy arose due to insufficient supporting evidence. The assessee filed an income tax appeal…

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