20 December 2019
AO passed order on the basis of last document submission and added Rs. 1.2 crore (F.Y. 2016-17). As per Order it can be seen that he added the amount because the percentage of cash deposits increased is more than the percentage of increase in sales. Earlier payment against purchase were made in cash. And from April, 2016 payment against purchases were made through RTGS. AO has not issued any letter or show cause he simply added the amount and sent Demand Notice. Is there any way that we can challenge the Order other than CIT (Appeal). Please let me know.
CAclubindia
