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<h1>Court rules on deduction for donated sugar, favoring Revenue for one question and assessee for another.</h1> The High Court of Punjab and Haryana ruled in favor of the Revenue for Question 1 and in favor of the assessee for Question 2, allowing deduction for ... Corrosive Chemicals, Donation For Charitable Purposes The High Court of Punjab and Haryana answered two questions referred by the Income-tax Appellate Tribunal. Question 1 was answered in favor of the Revenue. Question 2, regarding deduction for donated sugar, was answered in favor of the assessee based on previous judgments allowing deductions for gifts in kind.
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