https://www.taxtmi.com/highlights?id=33242 Incentive subsidy - It was meant for entrepreneurs and industrialists who had established their units and made certain capital outlay and the assessee was merely required to ensure distribution of subsidies to the industrialists and thus it could not be treated as funds in hand of the assessee as taxable - HC en-us Fri, 10 Feb 2017 10:28:14 +0530 Fri, 10 Feb 2017 10:28:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=33242 Incentive subsidy - It was meant for entrepreneurs and industrialists who had established their units and made certain capital outlay and the assessee was merely required to ensure distribution of subsidies to the industrialists and thus it could not be treated as funds in hand of the assessee as taxable - HC Highlights Income Tax Fri, 10 Feb 2017 10:28:14 +0530 https://www.taxtmi.com/highlights?id=33242