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
ITA 36/COCH/2019[2009-10]Status: DisposedITAT Cochin20 Dec 2019AY 2009-10
Bench: S/Shri Chandra Poojari, Am&George George K., Jm
Section 132Section 143(2)Section 153A
Penalty proceedings u/s. 271(1)(c) of the Income Tax Act were initiated separately.
Accordingly, the assessment was completed as under:
Income from Business[as returned] Rs. 4812959/-
Addition (as per para 5.3] Rs.18041977/-
Total Rs.22854956/-
Less: Chapter VIA Deduction (80G) Rs. 2500/-
Total Income Assessed Rs.22852436/-
AY 2014-15
Table 1
Sl.
Products Qty.
Produced
Production
Sale Value
Sale
