https://www.taxtmi.com/caselaws?id=22047 The court ruled in favor of the Revenue regarding the conditional subsidy received under a housing scheme, stating it did not qualify as part of the actual cost for depreciation purposes. However, the court ruled in favor of the assessee for messing expenses and expenses incurred in providing refreshments to constituents, allowing these expenses as deductions under section 37 of the Income-tax Act. No costs were awarded in this judgment. en-us Tue, 17 Oct 1989 00:00:00 +0530 Sat, 05 Dec 2009 16:41:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22047 The court ruled in favor of the Revenue regarding the conditional subsidy received under a housing scheme, stating it did not qualify as part of the actual cost for depreciation purposes. However, the court ruled in favor of the assessee for messing expenses and expenses incurred in providing refreshments to constituents, allowing these expenses as deductions under section 37 of the Income-tax Act. No costs were awarded in this judgment. Case-Laws Income Tax Tue, 17 Oct 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22047