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Co-operative Sugar Mills' Payments for Harvesting and Transport Expenses Qualify as Revenue Expenditures, Eligible for Tax Deductions.

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....Allowability of harvesting and transport expenses paid by the Co-operative Sugar Mills to its farmers / members for purchase of sugarcane - the payment made to sugarcane growers / members in excess of the administered price determined by the Sugarcane Control Order, 1966 is eligible to be treated as an allowable as the revenue expenditure exclusively incurred for the purpose of business. - AT....

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Co-operative Sugar Mills' Payments for Harvesting and Transport Expenses Qualify as Revenue Expenditures, Eligible for Tax Deductions.