Sugar Manufacturing Co-operatives may now get their old IT demands dropped by filing applications u/s 154 and 155(19)

Vivek Jalan , Last updated: 05 August 2023  
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The recent amendments in the Income Tax Act have provided much-needed relief to co-operative sugar factories operating in India by allowing deductions for sugarcane purchases made at or below the government-approved price. The Finance Act 2023 amended section 155 to allow AO to recompute the total i

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Vivek Jalan
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Category Income Tax   Report

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