THE ACIT, CIRCLE-2,, JAMNAGAR vs. M/S HIRAVATI MARINE PRODUCTS (P) LTD.,, PORBANDAR
In the result, the appeal of the revenue and cross objection of the assessee both are dismissed
ITA 946/RJT/2010[2006-07]Status: DisposedITAT Rajkot23 Sept 2019AY 2006-07
For Appellant: Shri P. M. Maharshi, A.RFor Respondent: Shri Jitendra Kumar, CIT-D.R
Section 143(2)Section 143(3)
section 28 itself. Appellant has also placed reliance on the decision of Honourable Supreme court in the case of CIT V Mysore Sugar Co. ltd 46 ITR 649
(SC), in the case company has advanced money to sugarcane growers for purchase of sugarcane and when they are unable to supply sugarcane. The amount was written off and claimed
