assessee
submitted that the assessee is covered under the essential
commodity act and he has to maintained daily stock register as per
government record ... confirm and satisfy that the assessee is covered by
the essential commodity Act and the assessee without purchase
cannot sale the goods and the assessee
grossly erred in
making addition of Rs. 12,39,79,549/- u/s 69 on account of alleged cash
investment in purchase of property, arbitrarily ... immovable property u/s 69 of the Act situated at
Ajayrajpura and Mathurawala, Teh. Sanganer, Jaipur amounting to Rs.
12
grossly erred in
making addition of Rs. 12,39,79,549/- u/s 69 on account of alleged cash
investment in purchase of property, arbitrarily ... immovable property u/s 69 of the Act situated at
Ajayrajpura and Mathurawala, Teh. Sanganer, Jaipur amounting to Rs.
12
grossly erred in
making addition of Rs. 12,39,79,549/- u/s 69 on account of alleged cash
investment in purchase of property, arbitrarily ... immovable property u/s 69 of the Act situated at
Ajayrajpura and Mathurawala, Teh. Sanganer, Jaipur amounting to Rs.
12
produce (including milk) as under:
"No disallowance under sub-section (3) of section 40A shall be made and
no payment shall be deemed ... works out approx 1% of total sale.
Ghee falls under the ` Essential Commodities Act ' and question of no
maintaining quantitative details relating
Parwal (CA).
lquokbZ dh rkjh[k@ Date of Hearing : 15/12/2014
?kks"k.kk dh rkjh[k@ Date of Pronouncement : 13/02/2015 ... byproduct oil cake. The assessee's business is
covered by Essential Commodity Act and has to maintain statutory
quantity wise details, which has also
dated 30.03.2024
[PB 132-154] proposing to make additions u/s. 69 of the Act in the hands of
the assessee & Smt. Juhi Bhandari ... upon:
Hon'ble Supreme Court in ITO v. Saksham Commodities Ltd. (2024) 12
TMI 1068 [PB 211]has dismissed SLP on merits thereby approving
dated 30.03.2024
[PB 132-154] proposing to make additions u/s. 69 of the Act in the hands of
the assessee & Smt. Juhi Bhandari ... upon:
Hon'ble Supreme Court in ITO v. Saksham Commodities Ltd. (2024) 12
TMI 1068 [PB 211]has dismissed SLP on merits thereby approving
fictitious losses) and further erred in making an
addition of Rs. 12,73,535/- u/s 68 on account of such disallowance by alleging
misuse ... appellant was
reopened u/s. 147 after obtaining approval from the higher authority. Notice u/s.
148 of the IT Act was issued
purpose of computing the deduction U/s 10AA of the Act in terms of sub-
Section (7) of the said provision. Consequently, the deduction will ... deduction as per the formulae given in sub-
section (7) of Section 10AA of the Act.
12. Ground No. 1.3 of the appeal is regarding
