ACIT v. Jindal Poly Films Ltd. (2024)114 ITR 72 (SN)(Delhi)(Trib)

S. 4 : Charge of income-tax-Capital or revenue-Sales tax subsidy-Additional ground is admitted-Matter remanded-Exempted income-Disallowance-Matter remanded. [S. 28(1), 254(1)]

 Whether sales tax subsidy is capital receipt or revenue receipt the additional ground is admitted and the  matter remanded for verification. As regards disallowance under section 14A the  matter is remanded to  the Assessing Officer.     (AY.2007-08 to 2009-10)

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