https://www.taxtmi.com/circulars?id=2997 Expenses incurred by Co-operative sugar mills to procure sugarcane from member-farmers under exclusive supply agreements are made to secure an adequate continuous supply of an essential input; they are incurred for commercial expediency and are regarded as incurred wholly and exclusively for the purpose of business and therefore allowable in computing the mills' income. en-us Thu, 11 Oct 2007 00:00:00 +0530 Tue, 15 Jul 2008 10:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2997 Expenses incurred by Co-operative sugar mills to procure sugarcane from member-farmers under exclusive supply agreements are made to secure an adequate continuous supply of an essential input; they are incurred for commercial expediency and are regarded as incurred wholly and exclusively for the purpose of business and therefore allowable in computing the mills' income. Circulars Income Tax Thu, 11 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2997