exports ; but it was only the exporters, who did, in fact, export, got the assistance. It was by the exportation or making favourable exports that ... connected inextricably with the act of exportation and, therefore, supplemental to the earnings by exportation... (p. 459)
The above ratio, according to the learned departmental
which the subsidy/assistance is given which determines
the nature of the incentive subsidy. The form or the mechanism through which the
subsidy is given ... cases, that the subsidy in Sahney Steel (supra) was held to be revenue receipt whereas
the subsidy in Ponni Sugars & Chemicals Ltd. (supra
counsel has submitted that the company's business is
export/import of sugar. It is important for the assessee company's
Directors/Committee ... sugar
production. It was formed with the objective of removing distortions
in the world sugar market and objective are to phase out export
subsidies
cases, that the subsidy in Sahney Steel (supra) was held to be revenue
receipt whereas the subsidy in Ponni Sugars & Chemicals Ltd. (supra ... production subsidy, Ponni Sugars & Chemicals Ltd. (supra)
dealt with subsidy linked to loan repayment whereas the present case
deals with a subsidy for setting
India. It was pointed out that these subsidies inter alia
formed part of 'Export Incentive', which was shown under Schedule ... Marketing Scheme
was concerned, apparently the Central Government gave the
subsidy to enhance indian export potential in the international
market. It was not granted
India. It was pointed out that these subsidies inter alia
formed part of 'Export Incentive', which was shown under Schedule ... Marketing Scheme
was concerned, apparently the Central Government gave the
subsidy to enhance indian export potential in the international
market. It was not granted
India. It was pointed out that these subsidies inter alia
formed part of 'Export Incentive', which was shown under Schedule ... Marketing Scheme
was concerned, apparently the Central Government gave the
subsidy to enhance indian export potential in the international
market. It was not granted
India. It was pointed out that these subsidies inter alia
formed part of 'Export Incentive', which was shown under Schedule ... Marketing Scheme
was concerned, apparently the Central Government gave the
subsidy to enhance indian export potential in the international
market. It was not granted
Sylvan Greens Private Limited,Jaipur vs Deputy Commissioner Of Income Tax ... on 25 July, 2025
Ponni Sugar & Chemicals ltd. (2008) (306
ITR 392) submitted that considering the objective for which the
subsidy has been granted, the same should ... Marketing Scheme was
concerned, apparently the Central Government gave the subsidy to
enhance Indian export potential in the international market. It was
not granted
