2009 (12) TMI 20

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..... - the Tribunal was correct under law in holding that the commission and subsidy paid to cane growers formed part of purchase price of the cane and thus allowable for deduction under Section 37(1) of the Income Tax Act - 145 of 2000 - - - Dated:- 1-12-2009 - Petitioner Counsel :- A.N.Mahajan,A.Kumar,B.J.Agarwal,D. Awasthi,G. Krishna,R.K. Upadhyay,S.Chopra Hon'ble Prakash Krishna,J. Hon'ble .....

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..... d perused the order passed by the Tribunal. It may be noted that the Tribunal while deciding the appeal in favour of assessee has placed reliance upon its own order in the case of M/s Sir Shadi Lal Enterprises Ltd Vs. DCIT in ITA Nos. 3556 and 3557(Del) of 1990 dated 24.11.1990. It has been brought to our notice that Income Tax Appeal Reference being ITR No. 48 of 1992 was preferred by the depa .....

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