https://www.taxtmi.com/highlights?id=59400 Cash subsidy received from Madhya Pradesh Rajyasetu Nirman - the finding of the AO that assessee has not adjusted the amount of capital subsidy against the project expenses is devoid of any merit. - the assessee has incurred the expenses on the projects which were in the nature of BOT. Thus the assessee was entitled to amortize the expenses over the concession period of these projects - AT en-us Thu, 26 Aug 2021 08:47:57 +0530 Thu, 26 Aug 2021 08:47:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=59400 Cash subsidy received from Madhya Pradesh Rajyasetu Nirman - the finding of the AO that assessee has not adjusted the amount of capital subsidy against the project expenses is devoid of any merit. - the assessee has incurred the expenses on the projects which were in the nature of BOT. Thus the assessee was entitled to amortize the expenses over the concession period of these projects - AT Highlights Income Tax Thu, 26 Aug 2021 08:47:57 +0530 https://www.taxtmi.com/highlights?id=59400