M/S BHOLE BABA MILK FOOD INDUSTRIES DHOLPUR,AGRA vs. J.C.I.T., RANGE -4, AGRA
In the result appeal is dismissed
ITA 242/AGR/2014[2010-11]Status: DisposedITAT Agra11 Sept 2019AY 2010-11
Bench: Shri Laliet Kumar,And Dr. Mitha Lal Meena
Section 80Section 80I
801B of the Income TaxAct, 1961. 6. That it may again be submitted here that the Ld. Assessing Officer has erred in law and on facts in disallowing net profit on trading goods comprising of SMP and unfinished and rough desee ghee containing guthia etc. The SMP (skimmed milk powder) comes in jute bags and it contain moisture etc. This