https://www.taxtmi.com/caselaws?id=390328 Binding later High Court and Supreme Court decisions governed the recurring question of disallowance of excess cane price paid by sugarcane co-operative societies to members and non-members. In light of that settled legal position, the appellate orders could not be sustained and were set aside. The matter was remitted to the assessing officer for fresh consideration in accordance with the Supreme Court rulings, rather than being restored to the Commissioner (Appeals). The disallowance issue was not finally decided on its merits in these appeals; the operative effect was quashing of the impugned orders and reassessment under the governing precedent. en-us Mon, 16 Dec 2019 00:00:00 +0530 Sun, 29 Dec 2019 10:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390328 Binding later High Court and Supreme Court decisions governed the recurring question of disallowance of excess cane price paid by sugarcane co-operative societies to members and non-members. In light of that settled legal position, the appellate orders could not be sustained and were set aside. The matter was remitted to the assessing officer for fresh consideration in accordance with the Supreme Court rulings, rather than being restored to the Commissioner (Appeals). The disallowance issue was not finally decided on its merits in these appeals; the operative effect was quashing of the impugned orders and reassessment under the governing precedent. Case-Laws Income Tax Mon, 16 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390328