https://www.taxtmi.com/caselaws?id=767415 Addition relating to concessional sugar sales could not be sustained on an incomplete factual record because the authorities had not properly examined the basis for the concessional quantity, the applicable rate, the number of beneficiaries, customary practice in the cooperative sugar industry, and the effect of State directions issued under section 79A of the Maharashtra Co-operative Societies Act, 1960. The Tribunal noted that the earlier remand directions and the circular dated 01.03.2006 required proper verification of these foundational facts. The deletion of the addition was therefore set aside and the matter was remanded for de novo adjudication. en-us Fri, 31 Jan 2025 00:00:00 +0530 Mon, 02 Mar 2026 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767415 Addition relating to concessional sugar sales could not be sustained on an incomplete factual record because the authorities had not properly examined the basis for the concessional quantity, the applicable rate, the number of beneficiaries, customary practice in the cooperative sugar industry, and the effect of State directions issued under section 79A of the Maharashtra Co-operative Societies Act, 1960. The Tribunal noted that the earlier remand directions and the circular dated 01.03.2006 required proper verification of these foundational facts. The deletion of the addition was therefore set aside and the matter was remanded for de novo adjudication. Case-Laws Income Tax Fri, 31 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767415