C.I.T-II vs M/S DESHBHAKTA RATNAPPA K.P.S.S.K.LTD. — C.A. No. 6963/2012

The document provided does not match the case reference given (C.A. No. 006963/2012 involving C.I.T-II vs M/S DESHBHAKTA RATNAPPA K.P.S.S.K.LTD.). Instead, the hearing record concerns multiple consolidated civil appeals arising from income tax disputes involving the Commissioner of Income Tax, Bombay vs Krishna Sahakari Sakhar Karkhana Ltd. and related sugar cooperative societies. On 25 September 2012, the Supreme Court heard the consolidated appeals, granted leave, and remitted all cases to the Commissioner of Income Tax (Appeals) for de-novo consideration. The Court directed reconsideration of whether the difference between market price and concessional price at which sugar was sold to members constitutes taxable income, and whether such concessional sales reflected industry custom or government policy. This case analysis is maintained by casestatus.in based on publicly available court records.