CIT(A) upholds addition of VSI Contribution and Sale of Sugar at Concessional Rate without appreciating Facts and Law: ITAT directs Fresh Adjudication [Read Order]

CIT(A) - CIT(A) upholds addition - CIT(A) upholds addition of VSI - CIT(A) upholds addition of VSI Contribution - taxscan

The Pune bench of the Income Tax Appellate Tribunal (ITAT) held that relief Granted by deleting one Addition doesn’t mean to deny all other reliefs. The appellant is a Cooperative Society engaged in the business of running of sugarcane factory. The Return of Income for the assessment year 2009-10 was filed on 29.09.2009 and the…

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