2001 (4) TMI 38

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....ABU J.-Two questions have been referred to us. The first relates to the claim of the assessee that the contributions made by it to the Molasses Storage Fund during the years 1974-75, 1976-77, 1979-80, 1980-81 and 1981-82 are not to be treated as part of its income, as there has been diversion of income at source. A similar question was considered by this court in the case of CIT v. Salem Co-op. Su....