https://www.taxtmi.com/caselaws?id=359564 The Tribunal upheld the decision of the Commissioner of Income Tax (Appeals) regarding the treatment of excise duty refund and interest subsidy as capital receipts not subject to tax for the assessment year 2013-14. The Tribunal concluded that the incentives received by the partnership firm were capital in nature, dismissing the Revenue's appeal. en-us Wed, 04 Apr 2018 00:00:00 +0530 Tue, 01 May 2018 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359564 The Tribunal upheld the decision of the Commissioner of Income Tax (Appeals) regarding the treatment of excise duty refund and interest subsidy as capital receipts not subject to tax for the assessment year 2013-14. The Tribunal concluded that the incentives received by the partnership firm were capital in nature, dismissing the Revenue's appeal. Case-Laws Income Tax Wed, 04 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359564