Commissioner of Income Tax vs. Agricultural Market Committee
ITTA/244/2011HC Telangana27 Jun 2011
Bench: V.V.S.RAO,RAMESH RANGANATHAN
Section 11Section 142(1)Section 143Section 143(2)Section 143(3)Section 260ASection 271(1)(c)
Sections reads thus:-
“26. Purpose for which the market development
fund may be expended.The marketing development fund
shall be utilised out of following purposes:
(i) better marketing of agricultural produce ;
(ii) marketing of agricultural produce on co-operative
lines ;
(iii) collection and dissemination of market rates and
news ;
(iv) grading and standardisation of agricultural
produce;
(v) general improvements
