https://www.taxtmi.com/highlights?id=13575 Nature of Incentive from government scheme - Capital receipt or revenue receipt - The source of fund is quite immaterial. If the purpose is to help the assessee to set up its business or complete a project the monies must be treated as having been received for capital purposes - HC en-us Thu, 25 Jul 2013 09:17:32 +0530 Thu, 25 Jul 2013 09:17:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=13575 Nature of Incentive from government scheme - Capital receipt or revenue receipt - The source of fund is quite immaterial. If the purpose is to help the assessee to set up its business or complete a project the monies must be treated as having been received for capital purposes - HC Highlights Income Tax Thu, 25 Jul 2013 09:17:32 +0530 https://www.taxtmi.com/highlights?id=13575