Kay Polyplast Limited Vs. Additional Commissioner of Income Tax (Jodhpur High Court)

There is a million dollar circumstance to show, that before rejecting the books of accounts, learned Assessing officer did not take into account, other relevant attending circumstances, including the consistent wastage percentage, shown by the assessee, and the same having been accepted by the department. IN THE HIGH COURT OF JUDICATURE FOR RAJASTHAN AT JODHPUR INCOME TAX APPEAL No. 54 of 2006 KAY POLYPLAST LIMITED V/S ADDITIONAL COMMISSIONER OF INCOME TAX Date of Judgment : 19.5.2008 Coram: N P GUPTA,J. and KISHAN SWAROOP CHAUDHARI,J. Mr. PRAKASH JHAWARIA, for the appellant. ...