2017 (12) TMI 634

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....Mr. S. Sukumaran, Mr. Anand Sukumar, Mr. Bhuwan Dhoopar, Ms. Roopali Gupta and Mr. Bhupesh Pathak, Advocates. JUDGMENT Dr. S. Muralidhar, J.: 1. This is an appeal by the Revenue against the impugned order dated 19th August 2011 passed by the Income Tax Appellate Tribunal ('ITAT') in ITA No.1927/Del/2010 for the AY 2005-06. 2. While admitting this appeal on 14th May 2013, the following questio....

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.... of sales tax subsidy of Rs. 16,04,07,733 made by AO treating it to be revenue receipt?" 3. As far as Questions 1, 2 and 3 are concerned, in view of the decision rendered today in ITA 250 of 2005 in respect of the same Assessee for AY 1999-2000, they are answered in the affirmative, i.e. in favour of the Assessee and against the Revenue. 4. Question (4) pertains to sales tax subsidy being added ....