M/S.PRINCE ROLLER FLOUR MILLS P. LTD,PALAKKAD vs. THE ACIT, KOCHI

In the result, appeals of the assessee are allowed and the appeals of the

Bench: S/Shri Chandra Poojari, Am&George George K., Jm

115 Income undisclosed in the hands of the Assessee Rs. 2,06,95,955 [1] Savings on VAT on the said Rs.12,70,22,070 [4-1] = 3% [12,70,22,070x 3%] Rs.38,10,662/- [2] The assessee when pricing the product in the open market would not differentiate between its VAT levied and non levied items and could

THE ACIT, KOCHI vs. M/S.PRINCE ROLLER FLOUR MILLS P. LTD, PALAKKAD

In the result, appeals of the assessee are allowed and the appeals of the