SHRI.PRAKASH R. NAIR,KOLLAM vs. DCIT, KOLLAM
In the result, the assessee’s appeal is partly allowed for statistical purposes
ITA 141/COCH/2021[2000-2001]Status: DisposedITAT Cochin17 Jan 2024AY 2000-2001
Bench: Shri Sanjay Arora & Shri Manomohan Dasprakash R. Nair Dy.Cit, Central Circle Prop. Dhanya Foods Kollam Kochuppilammoodu Vs. Kollam 691001 [Pan:Abfpn4424P] (Appellant) (Respondent)
For Appellant: Shri R. Vijayaraghavan, AdvocateFor Respondent: Smt. J.M. Jamuna Devi, Sr. D.R
Section 143(1)Section 148(1)Section 271(1)(c)Section 274Section 80Section 801A(9)Section 80HSection 80I
80I claim where the average cost varies from Rs.201 to Rs 224/- per Kg on a factory to factory basis
Depreciation on assets in Andhra Pradesh - Rs 20,03,669/- (Vide Schedule to Fixed assets)
No. of bags processed in Andhra Pradesh - 18,563 nos.
Depreciation per kg.- Rs.5.33
Administrative Overheads (estimated)
- Rs. 10/- per kg.
So, total cost
- Rs.228
