https://www.taxtmi.com/caselaws?id=242386 The High Court dismissed the Department's appeal regarding excess realisation of levy sugar price for the assessment year 1993-94, holding that the Tribunal's decision against disallowing the deduction was correct. Additionally, the Court upheld the Tribunal's decision on the Incentive Scheme 1988, stating that the excess amount realised should not be considered as part of trading receipts. The appeal was dismissed in favor of the assessee, with all questions decided against the revenue. en-us Wed, 11 Dec 2013 00:00:00 +0530 Tue, 14 Jan 2014 11:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242386 The High Court dismissed the Department's appeal regarding excess realisation of levy sugar price for the assessment year 1993-94, holding that the Tribunal's decision against disallowing the deduction was correct. Additionally, the Court upheld the Tribunal's decision on the Incentive Scheme 1988, stating that the excess amount realised should not be considered as part of trading receipts. The appeal was dismissed in favor of the assessee, with all questions decided against the revenue. Case-Laws Income Tax Wed, 11 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242386