Court Rules Power Subsidy as Taxable Revenue Receipt, Not Capital Receipt, in Income Computation. https://www.taxtmi.com/highlights?id=13638 Whether the power subsidy received by the assesse is taxable as a revenue receipt in the computation of the income - the amount of power subsidy/rebate is certainly a trading receipt not a capital receipt - HC en-us Tue, 30 Jul 2013 18:22:13 +0530 Tue, 30 Jul 2013 18:22:13 +0530 TaxTMI RSS Generator Court Rules Power Subsidy as Taxable Revenue Receipt, Not Capital Receipt, in Income Computation. https://www.taxtmi.com/highlights?id=13638 Whether the power subsidy received by the assesse is taxable as a revenue receipt in the computation of the income - the amount of power subsidy/rebate is certainly a trading receipt not a capital receipt - HC Highlights Income Tax Tue, 30 Jul 2013 18:22:13 +0530 https://www.taxtmi.com/highlights?id=13638