Case Law Details
Case Name : Rasna Pvt. Ltd. Vs Dy. CIT (ITAT Ahmedabad)
Related Assessment Year : 2008-09
Courts :
All ITAT ITAT Ahmedabad
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
Rasna Pvt. Ltd. Vs Dy. CIT (ITAT Ahmedabad)
So far as deleting the dis allowance of Rs. 32,28,899/-on account of destroyed stock is concerned. This amount has been disallowed on the ground that similar addition was made in the A.Y. 2008-09 in the case of Waves Foods Pvt. Ltd. on the ground that claim of the assessee regarding stock become absolute on account of expiry date has not been accepted by the department. Accordingly, addition of Rs. 32,28,899/- was made. The product dealt by the Rasna Pvt. Ltd. has shelf life of 18 to 24 months depending upon products. After
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.