https://www.taxtmi.com/highlights?id=15172 Nature of Receipt – The subsidy though computed in terms of sales tax deferment or waiver, in essence it was meant for capital outlay expended by the assessee for set up of the unit in case of a new industrial unit and for expansion and diversification of an existing unit - capital in nature - HC en-us Fri, 18 Oct 2013 15:27:31 +0530 Fri, 18 Oct 2013 15:27:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=15172 Nature of Receipt – The subsidy though computed in terms of sales tax deferment or waiver, in essence it was meant for capital outlay expended by the assessee for set up of the unit in case of a new industrial unit and for expansion and diversification of an existing unit - capital in nature - HC Highlights Income Tax Fri, 18 Oct 2013 15:27:31 +0530 https://www.taxtmi.com/highlights?id=15172