IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH. I.T.A. No.847 of 2010 Date of decision: 24.2.2011 Commissioner of Income Tax -----Appellant. Vs. M/s Doaba Co-operative Sugar Mills Ltd. -----Respondent CORAM:- HON'BLE MR. JUSTICE ADARSH KUMAR GOEL HON'BLE MR. JUSTICE AJAY KUMAR MITTAL Present:- Mr. Vivek Sethi, Standing Counsel for the appellant. --- ADARSH KUMAR GOEL, J. This appeal has been preferred by the revenue under Section 260-A of the Income Tax Act, 1961 (for short, “the Act”) against the order of the Income Tax Appellate Tribunal, Amritsar in I.T.A. No.503/(ASR/2000 for the assessment year 1998-99 proposing following substantial questions of law:- “I. Whether on the facts and in the circumstances of the case, the ITAT is right in law in expressing the plain divergence from the earlier view held by the Divisional Bench of the jurisdictional High Court in Karnal Co- operative Sugar Mills Ltd. (2001) 253 ITR 659 (P&H) as held in the case of the The Budhewal Co-operative Sugar Ltd. Vs CIT 225 CTR 261 (P&H)? II. Whether on the facts and in the circumstances and in law, a co-operative society, engaged in the business I.T.A. No.847 of 2010 of manufacturing and sale of sugar out of sugarcane can be said to be engaged in the marketing of the agricultural produce of its members within the meaning of section 80-P(2)(a)(iii) of the Income Tax Act, 1961?” Learned counsel for the revenue fairly states that the matter is covered against the revenue by judgment of this Court in The Budhewal Co-operative Sugar Ltd. v. CIT 225 CTR 261. Accordingly, this appeal is dismissed. (ADARSH KUMAR GOEL) JUDGE February 24, 2011 ( AJAY KUMAR MITTAL ) ashwani JUDGE 2