2024 (4) TMI 504

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..... ely, are operational subsidies and not capital subsides and thus the same are taxable as revenue income? - HC [ 2024 (1) TMI 972 - CALCUTTA HIGH COURT] decided issue in favour of the revenue and against the assessee HELD THAT:- As petitioner Birla Corporation Limited submits that the issue regarding exemption granted under the Uttar Pradesh Trade Tax, 1948, and the effect thereof is pending consid .....

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..... ate appearing for the petitioner Birla Corporation Limited submits that the issue regarding exemption granted under the Uttar Pradesh Trade Tax, 1948, and the effect thereof is pending consideration before this Court in SLP (C) No. 30728 30732 of 2017 titled Tata Steel BSL Limited v. Commissioner of Income Tax Delhi . Issue notice on the present special leave petition as well as on the application .....

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