https://www.taxtmi.com/caselaws?id=56817 The Tribunal ruled in favor of the assessee, setting aside the CIT(A)'s order and vacating the enhancement of Rs. 63,84,529. The grants received from the State Government were not considered as income, as the unspent amounts were to be returned to the Government and did not become the property of the assessee. en-us Fri, 29 May 1987 00:00:00 +0530 Mon, 06 Dec 2010 18:07:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56817 The Tribunal ruled in favor of the assessee, setting aside the CIT(A)'s order and vacating the enhancement of Rs. 63,84,529. The grants received from the State Government were not considered as income, as the unspent amounts were to be returned to the Government and did not become the property of the assessee. Case-Laws Income Tax Fri, 29 May 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56817