https://www.taxtmi.com/caselaws?id=191931 The Delhi HC held that the capital subsidy received by the assessee cannot be adjusted for determining the cost of acquisition of building and machinery for tax purposes, following the precedent set by the SC in CIT v. P.J. Chemicals Ltd. (1994). en-us Wed, 04 Jul 2007 00:00:00 +0530 Wed, 03 May 2017 18:10:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191931 The Delhi HC held that the capital subsidy received by the assessee cannot be adjusted for determining the cost of acquisition of building and machinery for tax purposes, following the precedent set by the SC in CIT v. P.J. Chemicals Ltd. (1994). Case-Laws Income Tax Wed, 04 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191931