Subsidy from State Trading Corporation of India considered capital receipt, meant to protect capital investment, not revenue. https://www.taxtmi.com/highlights?id=14423 Capital or Revenue receipt - Nature of Subsidy received from holding company State Trading Corporation of India (STC) - The intention and purpose behind the said payment was to secure and protect the capital investment - The receipt is capital in nature - HC en-us Wed, 11 Sep 2013 10:39:41 +0530 Wed, 11 Sep 2013 10:39:41 +0530 TaxTMI RSS Generator Subsidy from State Trading Corporation of India considered capital receipt, meant to protect capital investment, not revenue. https://www.taxtmi.com/highlights?id=14423 Capital or Revenue receipt - Nature of Subsidy received from holding company State Trading Corporation of India (STC) - The intention and purpose behind the said payment was to secure and protect the capital investment - The receipt is capital in nature - HC Highlights Income Tax Wed, 11 Sep 2013 10:39:41 +0530 https://www.taxtmi.com/highlights?id=14423