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

disallowable item of expenditure, etc. Therefore, the Tribunal was justified in holding that the book results were rejected by the Assessing Officer on insignificant grounds. DCIT v. Hanuman Sugar (Khandsari) Mills (P.) Ltd. [2014] 221 Taxman 156 (Allahabad) the Hon’ble Allahabad High Court approving the decision of the lower authorities affirmed that, the assessee cannot be penalized, especially

INCOME TAX OFFICER-1, MORENA vs. SHRI AGRASEN LOGISTICS, JOTAI ROAD, PORSA,

In the result, the appeal of the Revenue is dismissed