HARDAYAL MILK PRODUCTS PRIVATE LIMITED,SHIKOHABAD vs. DCIT, CIRCLE-2(2)(1), FIROZABAD, FIROZABAD

In the result, the appeal preferred by the assessee is partly

Bench: : Shri S. Rifaur Rahman & Shri Sunil Kumar Singhassessment Year: 2013-14

50,43,496, resulting in an arbitrary addition of 71,48,87,770, solely based on assumptions, conjectures, and surmises, without any comparable case OR corroborative material to substantiate such estimation. 2. That on the facts and in the circumstances of the case and in law, the order passed by the learned CIT(A) NFAC (hereinafter referred

HARDAYAL MILK PRODUCTS PRIVATE LIMITED,SHIKOHABAD vs. DCIT, CIRCLE-2(2)(1), FIROZABAD, FIROZABAD

In the result, both the appeals filed by assessee are allowed