M/S. ANURADHA SUGAR MILLS LIMITED,,BULDHANA vs. ASSTT.COMMISSIONER OF INCOME-TAX, AKOLA CIRCLE,AKOLA,, AKOLA

In the result this appeal by the assessee stands allowed for statistical purposes

Bench: Shri Shamim Yahya & Shri Ram Lal Negi..

section 211 of the Company's Act. Thus learned counsel submitted that when it is amply clear that the accounts prepared were not in accordance with the Companies Act there is no reason why the adjustment sought should be denied. In this regard Ld counsel placed reliance upon the decision of Honourable Delhi High Court in the case

ASSISTANT COMMISSIONER OF INCOME TAX , AKOLA CIRCLE , AKOLA vs. THE BULDHANA DISTRICT CENTRAL CO-OP BANK LIMITED , BULDHANA