PADAMSHREE DR. D.Y.PATIL SAHAKARI SAKHAR KARKHANA LTD.,,KOLHAPUR vs. DEPUTY COMMISSIONER OF INCOME TAX,, KOLHAPUR

In the result, the appeals of assessees are allowed for statistical purposes

Bench: Shri Anil Chaturvedi & Shri S.S. Viswanethra Ravisl.

section 40A(2) of the Act, as has been held by the Hon‟ble Supreme Court supra. Needless to say, the assessee will be allowed a reasonable opportunity of hearing by the AO in such fresh determination of the issue.” 3. In view of the above, the issue involving excess cane price in all the respective assessees remanded

MAHANKALI SAHAKARI SAKHAR KARKHANA LTD,,SANGLI vs. ASSISTANT COMMISSIONER OF INCOME TAX,, SANGLI

In the result, the appeals of assessees are allowed for statistical purposes

Shri Anil Chaturvedi & Shri S.S. Viswanethra Ravisl.