ADDITION

by PRAMOD
(SIKANDRABAD)

ACCORDING TO FORM 26AS DURING THE ASSTT. PROCEDING ASSESSING OFFICER FOUND THAT RECEIPTS OF RS. 450000 HAS NOT BEEN ACCOUNTED FOR THERE FORE ADDITION OF RS. 450000 WAS MADE TO THE INCOME OF THE ASSESSEE AS DISCLOSED INCOME ASSESSEE IS A CIVIL CONTRACTOR & TDS ON RECEIPTS 450000 HAS NOT BEEN ACCOUNTED FOR WHEREAS ASSESSEE'S RECEIPTS 5,32,70,445 & G.P. DECLARED 7.32% WHETHER ACTION OF A.O. IS LEGALLY JUSTIFIED..?