KKR AGRO MILLS P. LTD,ERNAKULAM vs. THE ACIT, COCHIN
In the result, appeal is allowed in favour of the assessee
ITA 328/COCH/2016[2010-11]Status: DisposedITAT Cochin19 Dec 2022AY 2010-11
Bench: Shri N. V. Vasudevan & Ms. Padmavathy Sassessment Year : 2010-11 Kkr Agro Mills Pvt. Ltd., Vs. Acit, Iii/678, Kkr Building, Okkal Kalady, Circle – 1(2), Ernakulam – 683 550. Kochi. Pan : Aabck 6542 K Assessee Respondent
For Appellant: Smt. Parvathy Ammal, CAFor Respondent: Smt. J M Jamuna Devi, Sr. AR
Section 40A(2)Section 40A(2)(a)
section 40A(2)
4. Addition for under reporting of production on account of Mismatch between electricity consumption & Rice Production
(Production and unaccounted sales Estimated) a)
The Assessing Officer as well as the CIT (Appeals) was not justified in rejecting the book results only on the ground of irregular pattern of consumption of electricity.
b)
It is submitted that there
