C.I.T-I KOLHAPUR vs HUTATMA KISAN AHIR SAHKARI S.K.LTD — C.A. No. 6988/2012

Case Summary Note: The document provided concerns Civil Appeal No. 6949 of 2012 (CIT, Bombay v. Krishna Sahakari Sakhar Karkhana Ltd.) and related appeals, NOT the case specified in your request (C.A. No. 006988/2012, CIT-I Kolhapur v. Hutatma Kisan Ahir Sahkari S.K. Ltd.). --- Summary of the actual case in the document (25 September 2012): The Supreme Court heard consolidated appeals filed by the Income Tax Department against a cooperative sugar society regarding taxation of concessional sugar sales to members. The Court granted leave and remitted all matters to the Commissioner of Income Tax (Appeals) for de novo reconsideration, directing examination of whether the price differential between market and concessional rates constitutes taxable appropriation of profit, and whether such concessional selling practices are customary in the cooperative sugar industry or supported by state government resolutions. All civil appeals were disposed with no order as to costs. This case analysis is maintained by casestatus.in based on publicly available court records.