https://www.taxtmi.com/caselaws?id=70572 The assessee's appeal was allowed, granting the deduction for the rebate on Excise Duty. The High Court ruled in favor of the assessee, and the Tribunal upheld the decision, allowing the deduction of Rs. 21,46,400. Additionally, the departmental appeal was dismissed on all points, including deductions for Guest House expenses, provision for gratuity, and money kept apart for storage facilities for molasses. en-us Fri, 09 Jan 1981 00:00:00 +0530 Mon, 18 Apr 2011 10:21:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70572 The assessee's appeal was allowed, granting the deduction for the rebate on Excise Duty. The High Court ruled in favor of the assessee, and the Tribunal upheld the decision, allowing the deduction of Rs. 21,46,400. Additionally, the departmental appeal was dismissed on all points, including deductions for Guest House expenses, provision for gratuity, and money kept apart for storage facilities for molasses. Case-Laws Income Tax Fri, 09 Jan 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70572