https://www.taxtmi.com/caselaws?id=394579 The Tribunal partly allowed the appeal, remitting the issues of excess cane price and concessional sugar sales back to the AO for fresh determination. The Tribunal ruled in favor of the assessee on the Government Guarantee Fees issue, stating such fees are not subject to disallowance under section 43B. The Tribunal upheld the CIT(A)'s decision on ceremony expenses, resulting in a reduction of the addition to Rs. 65,627/-. en-us Thu, 06 Feb 2020 00:00:00 +0530 Fri, 17 Apr 2020 15:07:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394579 The Tribunal partly allowed the appeal, remitting the issues of excess cane price and concessional sugar sales back to the AO for fresh determination. The Tribunal ruled in favor of the assessee on the Government Guarantee Fees issue, stating such fees are not subject to disallowance under section 43B. The Tribunal upheld the CIT(A)'s decision on ceremony expenses, resulting in a reduction of the addition to Rs. 65,627/-. Case-Laws Income Tax Thu, 06 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394579