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2012 (11) TMI 669 - SC - Income TaxSale of Sugar at concessional price to its Members on monthly basis - difference between the fair market price and the concessional price taxable or not - held that:- CIT(A) would be entitled to look into the Accounts and verify the basis for sale of sugar at concessional price on month-to-month basis - CIT(A) would give liberty to both sides to produce relevant documents - remit the cases to CIT(A) to de-novo consider the matter - civil appeals filed by the Department are disposed of with no order as to costs.
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