ASSISTANT COMMISSIONER OF INCOME TAX,, NA vs. ARIVS.GANDEVI TALUKA KHEDUT SAHAKARI SANGH LTD.,, NAVSARI
In the result, appeal filed by the assessee in ITA No
ITA 129/SRT/2023[2007-08]Status: DisposedITAT Surat26 Jun 2023AY 2007-08
Bench: Shri Pawan Singh, Hon'Ble & Dr. A. L. Saini, Hon'Ble(Physical Hearing) Sl.
For Appellant: Shri Vinod Kumar, Sr. DRFor Respondent: Shri Suresh K. Kabra, CA
Section 143(3)Section 234BSection 251(1)(a)Section 80P(2)(A)Section 80P(2)(a)Section 80P(2)(c)
TDS RS.1,82,119/-
POWER TILLER REBATE RS.14,000/-
FBT EXPENSES RS.6,610/-
12,19,729
1,07,61,916
2)
AGRICULTURAL ITEMS
EXEMPT ACTIVITY – POWER
RS.5,35,43,908/-
TILLER SALE SHOWN BY THE LEARNED AO
LESS:
CLOSING
STOCK
RS.65,28,858/-
WRONGLY CONSIDERED IN TURNOVER
EXEMPT ACTIVITY – POWER
RS.4,70,15,050/-
15.33
TILLER SALE AS PER BOOKS