https://www.taxtmi.com/caselaws?id=376885 The ITAT PUNE remitted multiple issues to the AO for fresh consideration following SC precedents. Regarding excessive sugarcane purchase prices, the matter was remanded per Tasgaon Taluka S.S.K. Ltd. judgment, directing the AO to allow deductions under clause 3 of Sugar Cane Control Order 1966 while disallowing profit distribution components. The concessional sugar sale issue was also remitted to AO for reassessment under Krishna Sahakari Sakhar Karkhana principles. Area Development Fund contributions were remanded following Siddheshwar Sahakari Sakhar Karkhana guidelines. The Tribunal deleted additions for delayed ESI/EPF deposits made before return filing due date, citing Delhi HC precedent. Vasantdada Sugar Institute contributions received 125% weighted deduction under section 35(1)(ii). Chief Minister Relief Fund contributions were remitted for proper section 80G deduction. Khodki charges were allowed as deductible following Bombay HC approval. Section 80P deduction was upheld for interest/dividend from cooperative society investments, rejecting AO's reliance on subsection (4) provisions. en-us Thu, 14 Mar 2019 00:00:00 +0530 Mon, 21 Jul 2025 11:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376885 The ITAT PUNE remitted multiple issues to the AO for fresh consideration following SC precedents. Regarding excessive sugarcane purchase prices, the matter was remanded per Tasgaon Taluka S.S.K. Ltd. judgment, directing the AO to allow deductions under clause 3 of Sugar Cane Control Order 1966 while disallowing profit distribution components. The concessional sugar sale issue was also remitted to AO for reassessment under Krishna Sahakari Sakhar Karkhana principles. Area Development Fund contributions were remanded following Siddheshwar Sahakari Sakhar Karkhana guidelines. The Tribunal deleted additions for delayed ESI/EPF deposits made before return filing due date, citing Delhi HC precedent. Vasantdada Sugar Institute contributions received 125% weighted deduction under section 35(1)(ii). Chief Minister Relief Fund contributions were remitted for proper section 80G deduction. Khodki charges were allowed as deductible following Bombay HC approval. Section 80P deduction was upheld for interest/dividend from cooperative society investments, rejecting AO's reliance on subsection (4) provisions. Case-Laws Income Tax Thu, 14 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376885