https://www.taxtmi.com/caselaws?id=306563 The High Court admitted an appeal under Section 260A of the Income Tax Act, 1961, regarding the treatment of interest subsidy receipt as a capital receipt. The Court referenced a previous decision, indicating a relevant precedent. Additionally, the Court clarified the admissibility of questions of fact under the Act, emphasizing the limitations on such inquiries. The judgment demonstrates a thorough analysis of legal aspects, including the characterization of receipts and permissible questions, leading to the admission of the appeal based on a substantial question of law. en-us Thu, 12 Sep 2019 00:00:00 +0530 Thu, 09 Feb 2023 10:01:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306563 The High Court admitted an appeal under Section 260A of the Income Tax Act, 1961, regarding the treatment of interest subsidy receipt as a capital receipt. The Court referenced a previous decision, indicating a relevant precedent. Additionally, the Court clarified the admissibility of questions of fact under the Act, emphasizing the limitations on such inquiries. The judgment demonstrates a thorough analysis of legal aspects, including the characterization of receipts and permissible questions, leading to the admission of the appeal based on a substantial question of law. Case-Laws Income Tax Thu, 12 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306563