Molasses produced in sugar factory is Scrap exigible to TCS

ITAT ASR in Nawanshahar Co-op. Sugar Mills Ltd; I.T.A. Nos. 311, 312, 313 & 314(Asr)/2012 upheld the decision of CIT A quated below:

Transport Subsidy is not eligible for Deduction u/s 80IB

Maken Cement Industries 7-11-2012 ITAT ASR ITA 63/2011
Followed: Sterling Foods(SC) 237 ITR 579 and Pandian Chemicals Ltd 262 ITR 278 (SC)