I.T.O. WARD - 2,KHAMGAON, KHAMGAON vs. M/S SHRI HANUMAN ONION TRADING CO.,,
In the result this appeal filed by the Revenue is stands dismissed
ITA 534/NAG/2016[2008-09]Status: DisposedITAT Nagpur10 Jan 2017AY 2008-09
Bench: Shri Shamim Yahya. (S.M.C.)
For Appellant: Shri A.R. NinaweFor Respondent: Shri Vijay Chandak
Section 36(1)(iii)Section 69
928/- from Best Cold Storage
Pvt. Ltd., Nandura. The AO asked the assessee to explain the receivables from the said concern. The assessee explained that the amount represents the advance rent paid to the Best Cold Storage Pvt. Ltd. as the firm has kept the stock of chilly with the said concern. The AO, therefore, issued a letter to best
