https://www.taxtmi.com/caselaws?id=296333 The appeal by Revenue against the deletion of an addition on account of remission of sales tax under the West Bengal Incentive Scheme for Industrialization was dismissed by the Division Bench of the Income Appellate Tribunal, Kolkata. The Bench held that the assistance received was of a capital nature, following the precedent set in a previous judgment. As the payment was deemed capital in nature, the Tribunal's decision to dismiss the appeal was upheld, finding no substantial question of law involved. en-us Thu, 08 Sep 2011 00:00:00 +0530 Thu, 15 Jul 2021 09:35:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296333 The appeal by Revenue against the deletion of an addition on account of remission of sales tax under the West Bengal Incentive Scheme for Industrialization was dismissed by the Division Bench of the Income Appellate Tribunal, Kolkata. The Bench held that the assistance received was of a capital nature, following the precedent set in a previous judgment. As the payment was deemed capital in nature, the Tribunal's decision to dismiss the appeal was upheld, finding no substantial question of law involved. Case-Laws Income Tax Thu, 08 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296333