Bench: Smt. Diva Singh & Dr. B.R.R. Kumar
depreciation on the machinery provided by M/s ITC has also not been claimed by the assessee. The amount to be disallowed comes to Rs. 29,43,718/-, the details of same are as follows:- Sales Rs.33,84,77,491/- Job charges Rs. 7,60,06,474/- Total (sales + job charges) Rs.41,44,83,965/- Net profits (80IC