https://www.taxtmi.com/caselaws?id=12279 Amounts collected from cane growers as non-refundable deposits, together with interest on those deposits, were treated as non-trading receipts in line with earlier Bombay HC decisions, and the deletion of the related additions was reversed in favour of the Revenue. The disallowance of excess cane sugar price was, however, covered by an earlier decision involving the same assessee and the same claim, so the deletion was upheld in favour of the assessee. Advertisement expenditure on subhechcha greetings was also treated as covered by the court's earlier decision and the deletion was sustained. The Revenue's appeal therefore succeeded only on the first issue and was otherwise rejected. en-us Mon, 26 Nov 2001 00:00:00 +0530 Sat, 20 Feb 2010 16:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12279 Amounts collected from cane growers as non-refundable deposits, together with interest on those deposits, were treated as non-trading receipts in line with earlier Bombay HC decisions, and the deletion of the related additions was reversed in favour of the Revenue. The disallowance of excess cane sugar price was, however, covered by an earlier decision involving the same assessee and the same claim, so the deletion was upheld in favour of the assessee. Advertisement expenditure on subhechcha greetings was also treated as covered by the court's earlier decision and the deletion was sustained. The Revenue's appeal therefore succeeded only on the first issue and was otherwise rejected. Case-Laws Income Tax Mon, 26 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12279