Sponsored
    Follow Us:

Case Law Details

Case Name : Rasna Pvt. Ltd. Vs Dy. CIT (ITAT Ahmedabad)
Related Assessment Year : 2008-09
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

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31