https://www.taxtmi.com/highlights?id=28146 Disallowance of Depreciation by reducing Written down value of assets by subsidy received - incentive received by the assessee is not covered under the provisions of Explanation 10 to section 43(1) - Consequently, the subsidy amount received by the assessee is not to be reduced from the cost of assets. - AT en-us Mon, 28 Mar 2016 13:11:14 +0530 Mon, 28 Mar 2016 13:11:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=28146 Disallowance of Depreciation by reducing Written down value of assets by subsidy received - incentive received by the assessee is not covered under the provisions of Explanation 10 to section 43(1) - Consequently, the subsidy amount received by the assessee is not to be reduced from the cost of assets. - AT Highlights Income Tax Mon, 28 Mar 2016 13:11:14 +0530 https://www.taxtmi.com/highlights?id=28146