2023 (6) TMI 1046

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..... enue expense deleting the addition treating the same as capital expenditure by following the rule of consistency. Nature of receipt under the subsidy scheme - subsidy in the form of Sales Tax Exemption as 'capital receipt' or 'revenue receipt - HELD THAT:- The special leave petitions are dismissed in the light of orders of this Court in Deputy Commissioner of Income Tax vs. Mun .....

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..... Anil Katiyar, AOR, Mr. Balbir Singh, A.S.G., Mr. Raj Bahadur Yadav, AOR, Mr. Shashank Bajpai, Adv., Mr. Prahlad Singh, Adv., Mr. Udai Khanna, Adv., Mrs. Archana Pathak Dave, Adv., Mr. Adit Khorana, Adv. And Ms. Monica Benjamin, Adv. For the Respondent(s) : Mr. S Ganesh, Sr. Adv., Mr. K. R. Sasiprabhu, AOR, Mr. Amit Mathur, Adv., Mr. Vishnu Sharma A S, Adv., Mr. Prakhar Agarwal, Adv., Mr. Sab .....

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..... - BOMBAY HIGH COURT] SLP(C) No. 25429/2019, [ 2019 (1) TMI 1364 - BOMBAY HIGH COURT] Delay condoned. The special leave petitions are dismissed in the light of orders of this Court in Deputy Commissioner of Income Tax vs. Munjal Auto in C.A. No. 6226/2013 and Deputy Commissioner of Income Tax vs. Nirma Ltd. in C.A. No. 10450/2017. The order in Munjal Auto relied upon judgmen .....

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