M/S ANANT STEEL P LTD,INDORE vs. THE DCIT 1(1), INDORE

In the result appeal of the assessee raised vide ITA

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Borad

section 145A of the Act. 8. Sundry creditor shown outstanding for last two to three years old. 9. The assessee has claimed burning loss at 12.48% and shown yield at 87.51%. However, in the case of iron industries the percentage of burning loss was hardly 4 to 5%. 10. The assessee has received shown cause notice from the excise department

THE DCIT 1(1), INDORE vs. M/S ANANT STEEL P LTD, INDORE

In the result appeal of the assessee raised vide ITA