V.K.M FEEDS PRIVATE LIMITED,TAMILNADU vs. ACIT,CENTRAL CIRCLE, THRISSUR
In the result, the appeal filed by the assessee is allowed
ITA 939/COCH/2024[2017-18]Status: DisposedITAT Cochin27 May 2025AY 2017-18
Bench: Shri Inturi Rama Rao & Shri Sandeep Singh Karhailassessment Year : 2017-18 Vkm Feeds Private Limited, Acit, Central Circle, 2, Reservoir Street, Thrissur Venkatesa Colony, Vs. Pollachi-642001 Tamil Nadu Pan : Aafcv2454D (Appellant) (Respondent) For Assessee : Shri Shaji Paulose, Ca For Revenue : Shri Sanjit Kumar Das, Cit-Dr (Heard In Hybrid Bench) Date Of Hearing : 25-03-2025 Date Of Pronouncement : 27-05-2025
For Appellant: Shri Shaji Paulose, CAFor Respondent: Shri Sanjit Kumar Das, CIT-DR
Section 132(4)Section 143(2)Section 144Section 153CSection 250Section 68
48 lakhs. Since the assessee had already declared a total income of Rs.14,32,460/-, the assessee was asked to explain the discrepancy. In response, the assessee submitted that the Promoter
Director had only mentioned the approximate amount of profit and not the profit after finalization of the accounts, which was declared by the assessee in the original return
