Tag Archives: Rule 7B(1)

25% is Business income in case of sale of coffee grown and cured by the seller

IN THE ITAT CHENNAI BENCH ‘D’ Income-tax Officer, Business Ward XIII (1), Chennai v. T.C. Abraham N.R.S. GANESAN, JUDICIAL MEMBER AND A. MOHAN ALANKAMONY, ACCOUNTANT MEMBER IT APPEAL NO. 1132 (MDS.) OF 2013 [ASSESSMENT YEAR 2006-07] SEPTEMBER  18, 2015 Milind Madhukar Bhusari, CIT for the Appellant. Philip George, Adv. for the Respondent. ORDER N.R.S. Ganesan,… Read More »