COMMISSIONER OF INCOME-TAX versus KARNAL COOPERATIVE SUGAR MIL — solicitors in Noorpur nooranga

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COMMISSIONER OF INCOME-TAX versus KARNAL COOPERATIVE SUGAR MILLS LTD.

The credit letter for the purchase of machinery needed to plant the plant is directly linked to the income or capital accumulated for the credit and is related to the construction of the plant. Interest was the receipt of an investment. Indian Income Tax Act, 1961

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COMMISSIONER OF INCOME-TAX versus KARNAL COOPERATIVE SUGAR MILLS LTD.

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