https://www.taxtmi.com/caselaws?id=68765 The Tribunal partially allowed the assessee's appeal, directing the AO to compute capital gains on the sale of the Kashipur Sugar Unit based on individual asset values. The Tribunal remanded the treatment of driage of sugarcane, disallowance of interest on excess levy sugar price, double disallowance issue, and valuation of land and building back to the AO for fresh consideration. The Department's appeal was partly allowed for statistical purposes. The Tribunal rejected the Department's argument regarding wrong deductions on doubtful debts, central subsidy, and school building. en-us Thu, 28 Feb 2002 00:00:00 +0530 Fri, 01 Apr 2011 13:31:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68765 The Tribunal partially allowed the assessee's appeal, directing the AO to compute capital gains on the sale of the Kashipur Sugar Unit based on individual asset values. The Tribunal remanded the treatment of driage of sugarcane, disallowance of interest on excess levy sugar price, double disallowance issue, and valuation of land and building back to the AO for fresh consideration. The Department's appeal was partly allowed for statistical purposes. The Tribunal rejected the Department's argument regarding wrong deductions on doubtful debts, central subsidy, and school building. Case-Laws Income Tax Thu, 28 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68765