https://www.taxtmi.com/circulars?id=65171 The Board clarifies that the phrase price fixed or approved by the Government for purposes of the deduction for expenditure on purchase of sugarcane includes price fixation by State Governments through State-level Acts, orders or other legal instruments, including State Advised Price which may be higher than central statutory minimums, and that the deduction applies where purchase price is equal to or less than such government-fixed or approved price. en-us Mon, 25 Oct 2021 00:00:00 +0530 Tue, 26 Oct 2021 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=65171 The Board clarifies that the phrase price fixed or approved by the Government for purposes of the deduction for expenditure on purchase of sugarcane includes price fixation by State Governments through State-level Acts, orders or other legal instruments, including State Advised Price which may be higher than central statutory minimums, and that the deduction applies where purchase price is equal to or less than such government-fixed or approved price. Circulars Income Tax Mon, 25 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65171