https://www.taxtmi.com/caselaws?id=776987 ITAT MUMBAI - AT remitted the issue to the file of the ld. CIT(A) for de novo consideration on whether the Industrial Promotional Subsidy (Chakan) constitutes a capital receipt within the amended definition of income under section 2(24)(viii) (effective AY 2016-17), noting that earlier adjudication did not fully address the amended provision and relevant documents were lacking. The assessee's appeal is allowed for statistical purposes. en-us Thu, 31 Jul 2025 00:00:00 +0530 Fri, 22 Aug 2025 08:33:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776987 ITAT MUMBAI - AT remitted the issue to the file of the ld. CIT(A) for de novo consideration on whether the Industrial Promotional Subsidy (Chakan) constitutes a capital receipt within the amended definition of income under section 2(24)(viii) (effective AY 2016-17), noting that earlier adjudication did not fully address the amended provision and relevant documents were lacking. The assessee's appeal is allowed for statistical purposes. Case-Laws Income Tax Thu, 31 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776987