2012 (11) TMI 669

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.....P. Bhatt, Arijit Prasad, Rahul Kaushik, Yatinder Choudhary, Vikas Malhotra, Anil Gaur, C.V.S. Rao, Ms Gargi Khanna, Ms. Anil Katiyar and B.V. Balaram Das for the Petitioner. Shekhar Naphade, Chinmoy Khaladkar, Vimal Chandra for the Respondent. ORDER Mr Chinmoy Khaladkar, learned counsel, states that he appears on behalf of all the respondents. Therefore, service is complete in all the ma....

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....it'. The question, whether the above difference between the fair market price and the concessional price should or should not be added to the total income of the assessee(s) Society, needs to be re-looked by Commissioner of Income Tax (Appeals) [for short, 'CIT(A)']. Apart from the afore-stated question, CIT(A) would take into account, whether the above-mentioned practice of selling sugar at co....