MAA MAHAMAYA INDUSTRIES LIMITED,CHHATTISGARH vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, VISAKHAPATNAM
In the result, appeal of the assessee is allowed
ITA 143/VIZ/2025[2011-12]Status: DisposedITAT Visakhapatnam13 May 2025AY 2011-12
Bench: Shri V. Durga Rao, Hon’Ble & Shri S Balakrishnan, Hon’Ble
For Appellant: Shri MV Prasad, CAFor Respondent: Dr Satyasai Rath, CIT(DR)
Section 127Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 153ASection 245C(1)Section 245D
152
Coal fines
1941.770
4,400
85,43,788
Dolomite / limestone
3.820
1,400
5,348
Total
1,83,46,348
Deficit Stock:
Produce Name
Difference (MT)
Rate per MT
Amount in Rs.
Sponge Iron
98.550
20,000
19,71,000
TMT Bars
35.882
36,000
12,91,752
Scrap
41.986
23,000
9,65,678
Pig Iron
