2001 (4) TMI 38

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ferred 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. Sugar Mills Ltd. [1998] 229 ITR 285 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X