https://www.taxtmi.com/highlights?id=64271 Nature of subsidy receipt - value of the MILIEV grant given by the Dutch government as a subsidy for purchase of wind turbine generator - transfer of right by the assessee to another company - Whether it could not be brought to tax in the hands of the assessee u/s.28(iv) when the assessee did not purchase the equipment, but transferred the right to another company? - HELD No - HC en-us Sat, 25 Jun 2022 11:27:43 +0530 Sat, 25 Jun 2022 11:27:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=64271 Nature of subsidy receipt - value of the MILIEV grant given by the Dutch government as a subsidy for purchase of wind turbine generator - transfer of right by the assessee to another company - Whether it could not be brought to tax in the hands of the assessee u/s.28(iv) when the assessee did not purchase the equipment, but transferred the right to another company? - HELD No - HC Highlights Income Tax Sat, 25 Jun 2022 11:27:43 +0530 https://www.taxtmi.com/highlights?id=64271