TMI Blog2011 (9) TMI 1134X X X X Extracts X X X X X X X X Extracts X X X X ..... he order dated 17.03.2011 of the CIT(A)-Central-I, Kolkata pertaining to A.Yr. 2007-08. 2. The sole issue raised by the Revenue in this appeal is relating to deletion of disallowance of ₹ 1,75,78,282/- towards Cess payable by the assessee company to the State Government on cultivation of green tea leaves. 3. The brief facts of this issue are that the AO while doing the scrutiny assessm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eable to Income-tax u/s 28 of the IT Act, 1961. However it is observed that the assessee company claimed the entire expenditure of ₹ 1,75,78,282/- before applying the provisions of Rule-8. Under these circumstances, the proportionate claim for deduction of Cess on green leaf against the non-agricultural component of the composite income from the business of Cultivation of green leaf and man ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... I.T. Rules. This issue is, therefore, decided in favour of the assessee and against the Revenue by upholding the order of the C.I.T.(A) who has allowed the deduction of payment of cess on green leaves in computing the composite income from tea business of the assessee under rule 8 of the I.T. Rules. We may further mention that identical issue was the subject matter of appeal before the Tribunal in ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
