https://www.taxtmi.com/caselaws?id=70751 The Tribunal held that the assessee is not eligible for deduction under section 80P(2)(e) of the Income-tax Act for ginning and pressing charges, as these charges are distinct from storage rent specified in the agreement. The Tribunal emphasized that section 80P(2)(e) pertains to income from letting godowns or warehouses for storage purposes specifically, excluding ginning and pressing activities. Previous decisions supporting similar claims were distinguished, and the Tribunal upheld the Appellate Assistant Commissioner's decision, denying the deduction for ginning and pressing charges. en-us Fri, 05 May 1989 00:00:00 +0530 Tue, 19 Apr 2011 10:39:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70751 The Tribunal held that the assessee is not eligible for deduction under section 80P(2)(e) of the Income-tax Act for ginning and pressing charges, as these charges are distinct from storage rent specified in the agreement. The Tribunal emphasized that section 80P(2)(e) pertains to income from letting godowns or warehouses for storage purposes specifically, excluding ginning and pressing activities. Previous decisions supporting similar claims were distinguished, and the Tribunal upheld the Appellate Assistant Commissioner's decision, denying the deduction for ginning and pressing charges. Case-Laws Income Tax Fri, 05 May 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70751