https://www.taxtmi.com/highlights?id=29077 Since the subsidy received for setting up of industries by installing plant and machinery would definitely reduce the cost of the plant and machinery from the side of the assessee and it is to be reduced from the cost of plant and machinery in terms of above Explanation to Sec.43(1) - AT en-us Sat, 07 May 2016 11:18:59 +0530 Sat, 07 May 2016 11:18:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=29077 Since the subsidy received for setting up of industries by installing plant and machinery would definitely reduce the cost of the plant and machinery from the side of the assessee and it is to be reduced from the cost of plant and machinery in terms of above Explanation to Sec.43(1) - AT Highlights Income Tax Sat, 07 May 2016 11:18:59 +0530 https://www.taxtmi.com/highlights?id=29077