https://www.taxtmi.com/caselaws?id=21491 The High Court of Madras held that the cost of plant and machinery could not be reduced by the subsidy received by the assessee-company for depreciation and investment allowance calculations, ruling in favor of the assessee-company. en-us Tue, 16 Apr 1991 00:00:00 +0530 Tue, 24 Nov 2009 17:23:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21491 The High Court of Madras held that the cost of plant and machinery could not be reduced by the subsidy received by the assessee-company for depreciation and investment allowance calculations, ruling in favor of the assessee-company. Case-Laws Income Tax Tue, 16 Apr 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21491