Case Law Details
Case Name : Chaitanya Steelshape Vs ITO (ITAT Pune)
Related Assessment Year : 2010-11
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
Chaitanya Steelshape Vs ITO (ITAT Pune)
ITAT Pune held that subsidy received by the assessee is towards the investment made in the expansion of its industrial unit under the Package Incentive Scheme 2001 is ‘Capital’ receipts. Accordingly, the same is not taxable.
Facts- The assessee is a private limited company engaged in the business of manufacturing Press parts, Engineering goods, Fabrication, and Trading thereof. During the course of assessment proceedings, AO obse
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.