https://www.taxtmi.com/caselaws?id=212075 The court allowed the Revenue's appeal, determining that the power subsidy received was a revenue receipt, not a capital receipt. The appeal was considered maintainable due to the substantial legal question involved. The decision focused on the purpose of the subsidy, aligning with Supreme Court precedents in similar cases. en-us Mon, 21 Mar 2011 00:00:00 +0530 Tue, 01 May 2012 12:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212075 The court allowed the Revenue's appeal, determining that the power subsidy received was a revenue receipt, not a capital receipt. The appeal was considered maintainable due to the substantial legal question involved. The decision focused on the purpose of the subsidy, aligning with Supreme Court precedents in similar cases. Case-Laws Income Tax Mon, 21 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212075