2014 (1) TMI 606

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..... ssioner of Income Tax and another v. Kisan Sahkari Chini Mills Ltd. [2009 (5) TMI 72 - ALLAHABAD HIGH COURT] - Decided in favour of assessee. - Income Tax Appeal No. - 372 of 2005 - - - Dated:- 11-12-2013 - Hon'ble Dr. Satish Chandra And Hon'ble B. Amit Sthalekar,JJ. For the Appellant : A. N. Mahajan ORDER The present appeal has been filed by the Department under Section 260A of th .....

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..... al under Section 260A of the Income Tax Act at the instance of the revenue wherein three questions have been raised. "Whether on the facts and in the circumstances of the case the Income Tax Appellate Tribunal was correct in law in not upholding the order of the Assessing Officer in disallowing the deduction in respect of Rs.9,36,103/- on excess realisation of levy sugar price which was a contin .....

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..... n additional free sales quota under "Incentive Scheme 1988", ignoring decision of the Hon'ble Supreme Court in the case of M/s. K.C.P. Limited vs. Commissioner of Income Tax reported in 245 ITR421?" Heard Sri A.N. Mahajan, learned Standing Counsel and Sri Ashish Bansal, learned counsel appearing on behalf of the assessee. Sri A.N. Mahajan, learned Standing Counsel, has very fairly submitted th .....

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