https://www.taxtmi.com/caselaws?id=275834 The Tribunal remanded the issue of taxability of capital subsidy for fresh adjudication, finding it was a capital subsidy for a new unit and the scheme was not examined by Revenue authorities. The disallowance of commission and incentive expenses was overturned as the assessee provided evidence of genuine payments to commission agents. The appeal was allowed in part, with the capital subsidy issue remanded for further review and the disallowance of expenses reversed. en-us Fri, 28 Jun 2013 00:00:00 +0530 Thu, 18 Oct 2018 18:19:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275834 The Tribunal remanded the issue of taxability of capital subsidy for fresh adjudication, finding it was a capital subsidy for a new unit and the scheme was not examined by Revenue authorities. The disallowance of commission and incentive expenses was overturned as the assessee provided evidence of genuine payments to commission agents. The appeal was allowed in part, with the capital subsidy issue remanded for further review and the disallowance of expenses reversed. Case-Laws Income Tax Fri, 28 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275834