M/S. MADHURI REFINERS (P) LTD.,INDORE vs. DCIT-3(1), INDORE
In the result, this appeal of assessee is allowed
ITA 781/IND/2019[2015-16]Status: DisposedITAT Indore21 Sept 2022AY 2015-16
Bench: Ms. Madhumita Roy & Shri B.M. Biyani(Conducted Through Virtual Court) Assessment Year: 2015-16 M/S. Madhuri Refiners Dcit, 3(1) Private Ltd., Indore Indore Vs. (Appellant / Assessee) (Respondent/ Revenue) Pan: Aabcm 1884 C Assessee By Shri Pankaj Shah, Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 12.09.2022 Date Of Pronouncement 21.09.2022 O R D E R Per B.M. Biyani, A.M.:
Section 143(2)Section 143(3)Section 2Section 2(29)(BA)Section 32(1)(iia)
20,25,596/-. Ld.
AR also emphasised that the assessee has been consistently regarded as “manufacture” by various Government Department and Agencies. The process undertaken by the assessee have been treated as manufacture under Excise Act and allied tax laws, although the excise-duty is exempt on edible oil. With these submissions, Ld. AR prayed to accept the assessee
