https://www.taxtmi.com/caselaws?id=410521 The tribunal dismissed the Revenue's appeal, upholding the allowability of harvesting and transport expenses incurred by the Co-operative Society for procuring sugarcane from farmers. The decision was based on the expenses being necessary for continuous mill operations, commercially expedient, and wholly and exclusively for business purposes, in line with relevant CBDT circular and judicial precedents. en-us Fri, 09 Jul 2021 00:00:00 +0530 Tue, 03 Aug 2021 20:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410521 The tribunal dismissed the Revenue's appeal, upholding the allowability of harvesting and transport expenses incurred by the Co-operative Society for procuring sugarcane from farmers. The decision was based on the expenses being necessary for continuous mill operations, commercially expedient, and wholly and exclusively for business purposes, in line with relevant CBDT circular and judicial precedents. Case-Laws Income Tax Fri, 09 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410521