https://www.taxtmi.com/caselaws?id=287384 The sales tax subsidy received by the assessee for power generation was deemed revenue in nature. Consequently, the subsidy was not eligible for deduction under Section 80IA(4) of the Income Tax Act, 1961. The Department's appeals were allowed, and the assessee's appeals were dismissed. en-us Fri, 22 Dec 2017 00:00:00 +0530 Mon, 13 Apr 2020 11:47:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287384 The sales tax subsidy received by the assessee for power generation was deemed revenue in nature. Consequently, the subsidy was not eligible for deduction under Section 80IA(4) of the Income Tax Act, 1961. The Department's appeals were allowed, and the assessee's appeals were dismissed. Case-Laws Income Tax Fri, 22 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287384