https://www.taxtmi.com/caselaws?id=272977 Cess levied on green tea leaves was treated as an incidental cost of the composite tea business, not as a tax on income, so it was allowable as a deduction in computing composite tea income. Interest on sticky loans and advances could not be finally taxed on accrual basis without examining the special provision governing such income, so the matter was remitted for fresh adjudication. Contribution to a non-government organisation for community development also required fresh factual examination to test whether it was wholly and exclusively for business purposes. Depreciation on plant and machinery acquired out of NABARD withdrawals was allowable because depreciation is a statutory allowance and the source of funds did not by itself negate the claim. en-us Tue, 07 Aug 2012 00:00:00 +0530 Tue, 29 May 2018 10:55:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272977 Cess levied on green tea leaves was treated as an incidental cost of the composite tea business, not as a tax on income, so it was allowable as a deduction in computing composite tea income. Interest on sticky loans and advances could not be finally taxed on accrual basis without examining the special provision governing such income, so the matter was remitted for fresh adjudication. Contribution to a non-government organisation for community development also required fresh factual examination to test whether it was wholly and exclusively for business purposes. Depreciation on plant and machinery acquired out of NABARD withdrawals was allowable because depreciation is a statutory allowance and the source of funds did not by itself negate the claim. Case-Laws Income Tax Tue, 07 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272977