1991 (3) TMI 42

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 1961, the Tribunal has stated the following question : " 1. Whether, on the facts and in the circumstances of the case, the Tribunal was legally correct in holding that the extra amount of Rs. 2,62,651 realised on enhanced price of sugar had not accrued in the assessment year 1973-74 and, as such, did not form part of the income of the assessee for that year ?" The assessee is a private limited .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s court in Dhampur Sugar Mills Ltd. v. CIT [1991] 188 ITR 787 (AU), in favour of the assessee. There, it was dealt with as question No. 5. The facts are practically identical. Following the said decision, the question referred is answered in the affirmative, i.e., in favour of the assessee and against the Revenue. The reference is answered accordingly.
Case laws, Decisions, Judgements, Order .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X