subsidy @ Rs.2/- per KM per M.T.
beyond 30 Kms.
6
4) Export subsidy of Rs.1000 per M.T. of the sugar
exported ... Export Subsidy, Buffer Stock
subsidy, etc.
6. In addition to that as there was upward trend
in the price of molasses and sugar
subsidy granted by the Directorate General of Foreign Trade and the
Excise subsidy granted by Excise Department for the goods exported by the defendants ... defendants and defendants had very well exported 260 MT of sugar to the said
company vide Invoice No.CL1/EXP/158A dated
Handicrafts & Handloom
Export Corporation of India (supra) of this Court spelt out the relevant test i.e.
whether the subsidy or the assistance ... decision in Ponni Sugar
and Chemicals Ltd. (supra) is concerned, no doubt the Court clarified how a
subsidy should be treated i.e. by purposive
The Maharashtra Municipal Corporations Act, 1949
MAHARASHTRA
India
The Maharashtra Municipal Corporations Act, 1949
Act
M/S. Sls Power Limited vs Andhra Pradesh Electricity Regulatory ... on 20 December, 2012
Appeal
Nirma Limited vs Saint Gobain Glass India Limited on 27 April, 2012
Author: P.Jyothimani
previous Division
Bench decision of this Court in case of Handloom Export Corporation of India v.
CIT , (1983) 140 ITR 532 is conclusive ... rulings of the Allahabad High Court and Madras High
Court in Ratna Sugar Mills Co. v. CIT , (1958) 33 ITR 644 and Meenakshi Achi
Mawana Sugars Ltd vs Punjab State Electricity Regulatory ... on 12 July, 2012
BEFORE THE APPELLATE
Baghapurana Cooperative
Marketing Society Ltd., Vs. CIT 44 Taxman 92 held that subsidy
received by the Cooperative Marketing Society from Markfed is
capital receipt ... Magnum Exports Pvt. Ltd. Vs
ACIT reported in 54 ITD 425 wherein it is held that income on
sale of export licence is a capital
Avani vs Commissioner on 2 July, 2012
Bench: Bhaskar Bhattacharya , J.B.Pardiwala
Gujarat High
