High Court grants exemption on foodgrain purchases, deems Tribunal's refusal unjustified.

The High Court of Allahabad allowed the assessee's revision, granting exemption on purchases of foodgrains. The Tribunal's refusal of exemption was deemed unjustified as the firm had paid taxes on the purchases. The impugned order was set aside, and the case was remanded to the Tribunal for a fresh decision. The assessee was awarded costs of Rs. 200.

---

---

The High Court of Allahabad allowed the revision by the assessee regarding exemption of purchases of foodgrains. The Tribunal was not justified in refusing the exemption as the firm had paid tax on the purchases. The impugned order was set aside and the case was sent back to the Tribunal for a new decision. The assessee was awarded costs of Rs. 200.

---