https://www.taxtmi.com/caselaws?id=203558 A co-operative society engaged in manufacturing and selling sugar from sugarcane was considered against the claim that it was marketing the agricultural produce of its members for deduction under section 80-P(2)(a)(iii) of the Income-tax Act, 1961. The jurisdictional High Court's earlier binding decision on identical facts and the same provision had already concluded the controversy, and the revenue accepted that position. The question was therefore answered against the revenue and in favour of the assessee, leaving the Tribunal's order undisturbed. en-us Thu, 24 Feb 2011 00:00:00 +0530 Fri, 03 Jun 2011 08:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203558 A co-operative society engaged in manufacturing and selling sugar from sugarcane was considered against the claim that it was marketing the agricultural produce of its members for deduction under section 80-P(2)(a)(iii) of the Income-tax Act, 1961. The jurisdictional High Court's earlier binding decision on identical facts and the same provision had already concluded the controversy, and the revenue accepted that position. The question was therefore answered against the revenue and in favour of the assessee, leaving the Tribunal's order undisturbed. Case-Laws Income Tax Thu, 24 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203558