Day: May 21, 2017

Handling-distribution loss in dealing wholesale poly pack milk allowed as nature of business demanded such losses & % was consistent

Handling-distribution loss in dealing wholesale poly pack milk allowed. The nature of business demanded such losses and the percentage incurred was consistent. ABCAUS Case Law Citation: ABCAUS 1256 (2017) (05) ITAT The Grievance: The appellant assessee was aggrieved by the order passed by the Commissioner of Income Tax …