https://www.taxtmi.com/caselaws?id=359777 The Tribunal allowed the appeal related to the disallowance of TDS on octroi charges and the taxation of the Industrial Promotion Subsidy, treating the latter as a capital receipt. However, it dismissed the appeal regarding the amortization of share capital expenses, upholding the view that such expenses are capital in nature. Accordingly, the appeal for AY 2010-11 was partly allowed, and the appeal for AY 2011-12 was allowed. en-us Fri, 27 Apr 2018 00:00:00 +0530 Fri, 04 May 2018 17:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359777 The Tribunal allowed the appeal related to the disallowance of TDS on octroi charges and the taxation of the Industrial Promotion Subsidy, treating the latter as a capital receipt. However, it dismissed the appeal regarding the amortization of share capital expenses, upholding the view that such expenses are capital in nature. Accordingly, the appeal for AY 2010-11 was partly allowed, and the appeal for AY 2011-12 was allowed. Case-Laws Income Tax Fri, 27 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359777