https://www.taxtmi.com/caselaws?id=769836 ITAT Lucknow held that commission income earned by Cane Development Councils and Cooperative Cane Development Unions from sugar mills constitutes business receipts, not income from other sources. The commission relates to their statutory role in sugarcane production and marketing under the UP Sugarcane Act, 1953, rather than investment activities. Therefore, such income qualifies for deduction under section 80P of the Income Tax Act, 1961. The tribunal upheld CIT(A)'s decision and dismissed Revenue's appeals. en-us Mon, 28 Apr 2025 00:00:00 +0530 Fri, 02 May 2025 08:54:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769836 ITAT Lucknow held that commission income earned by Cane Development Councils and Cooperative Cane Development Unions from sugar mills constitutes business receipts, not income from other sources. The commission relates to their statutory role in sugarcane production and marketing under the UP Sugarcane Act, 1953, rather than investment activities. Therefore, such income qualifies for deduction under section 80P of the Income Tax Act, 1961. The tribunal upheld CIT(A)'s decision and dismissed Revenue's appeals. Case-Laws Income Tax Mon, 28 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769836