KISAN SAHKARI CHINI MILLS LTD.,PILIBHIT vs. ASTT. COMMISSIONER OF INCOME TAX, BAREILLY

In the result, all the appeals are allowed for statistical purposes

Bench: Shri A.D Jain & Shri T.S. Kapoor

section 145A of the IT Act, w.e.f. 1.4.1999 closing stock valuation should be inclusive of Excise Duty. The appellant has not added the excise duty in the closing stock. In this proceeding also the appellant has not produced any evidence to establish that excise duty was a part of closing stock. That AO has made a categorical finding that excise

BHAWANI DEVELOPERS,LUCKNOW vs. INCOME TAX OFFICER-4(1), LUCKNOW-NEW, LUCKNOW-NEW

Appeal is disposed of in accordance with the aforesaid\ndirections

disallowed u/s 43B of the Act and added to your total income for\nΑ.Υ. 2018-19.\"\n3.3.5 In response, the assessee vide its submission dated 21/03/2023 has submitted as\nunder,\n\"9.2\nThe assessee begs to object to the proposed dis-allowance for the\nreason that the provisions of section 43B of the Act are not attracted

KISAN SAHKARI CHINI MILLS LIMITED ,SHAHJAHANPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, LUCKNOW

In the result, the appeal is partly allowed for statistical purposes

Bench: Shri Anadee Nath Misshra & Shri Subhash Malguriaassessment Year:2009-10

Section 145A of IT Act1961. 3. That the order of the Commissioner of Income Tax (Appeals), Bareilly is erroneous in law and on facts in deleting the addition rightly made by the Assessing Officer at Rs.83,00,475/- in closing stock of sugar. During the course of assessment proceedings, the Assessing Officer has observed that the assessee has suppressed