2011 (7) TMI 1240

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..... is at the instance of the Revenue and is directed against the Order dated 27th January, 2011 passed by the Income-tax Appellate Tribunal in ITA Nos. 1131-33/Kol/2009 relating to assessment orders 2000-01, 2005-06 and 2006-07 respectively thereby dismissing the appeal preferred by the Revenue. The only point involved in this appeal is whether various amounts received by the assessee as subsidy und .....

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..... on 19th May,2011 thereby holding that the subsidy given under the selfsame scheme is capital in nature and not liable to tax. We, thus, find that in view of the fact that the said decision relied upon by the Tribunal has been affirmed on merit by this Bench, no further substantial question of law is involved in this appeal. We, consequently, dismiss this appeal summarily.
Case laws, Decisions .....

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