https://www.taxtmi.com/highlights?id=69997 Nature of receipts - treatment to toll charges during the project construction - capital receipt or revenue receipts - toll receipts received during the period of project construction were inextricably linked to the project because it was mandatorily required to be used for the construction of the project - thus correctly treated as capital receipts and held that assessee had rightly reduced the same from the cost of project. - AT en-us Sat, 27 May 2023 14:16:32 +0530 Tue, 30 May 2023 13:08:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=69997 Nature of receipts - treatment to toll charges during the project construction - capital receipt or revenue receipts - toll receipts received during the period of project construction were inextricably linked to the project because it was mandatorily required to be used for the construction of the project - thus correctly treated as capital receipts and held that assessee had rightly reduced the same from the cost of project. - AT Highlights Income Tax Sat, 27 May 2023 14:16:32 +0530 https://www.taxtmi.com/highlights?id=69997