https://www.taxtmi.com/caselaws?id=425398 The appeal of the assessee was partly allowed for statistical purposes, and the appeal of the Revenue was dismissed. The disallowance under Section 14A was remanded to the Assessing Officer for recomputation, and the subsidy received was treated as a capital receipt, not chargeable to tax. en-us Wed, 20 Jul 2022 00:00:00 +0530 Fri, 22 Jul 2022 09:18:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425398 The appeal of the assessee was partly allowed for statistical purposes, and the appeal of the Revenue was dismissed. The disallowance under Section 14A was remanded to the Assessing Officer for recomputation, and the subsidy received was treated as a capital receipt, not chargeable to tax. Case-Laws Income Tax Wed, 20 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425398