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2022 (8) TMI 1273 - AT - Income TaxDisallowance of payment of excess cane price and sale of sugar at concessional rate (both to members) - To be treated as distribution of profit or not - HELD THAT:- These twin issues of excess cane price payment as well as sugar at concessional rate are no more res integra as the tribunal’s various co-ordinate benches, and more particularly in The Malegaon Sahakari Sakhar Karkhana Limited [2021 (10) TMI 1357 - ITAT PUNE] has set aside the concerned taxpayer’s substantive grounds back to the assessing authority for its afresh appropriate adjudication as per law. We order accordingly in absence of any distinction on facts or law in all these cases. Assessee appeals are allowed for statistical purposes.
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