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Income Tax - Highlights / Catch Notes

Home Highlights February 2023 Year 2023 This

Relief to sugar co-operatives from past demand - excess price ...


Sugar Cooperatives Get Relief on Excess Cane Payments Before 2016-17; Deductions Allowed to Avoid Litigation.

February 2, 2023

Notes     Income Tax

Relief to sugar co-operatives from past demand - excess price paid for purchase of sugar cane over and above SMP shall be allowed as deduction for the period prior to 2016-17 as a one time measure to avoid litigation and clarity.

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