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2000 (10) TMI 10 - MADRAS HIGH COURT
Extract:
.......ve at the same conclusion by a different process of reasonings. I, therefore, hold that the subsidy received by the petitioner was rightly held by the CIT as revenue receipt. Both the writ petitions fail and are dismissed. However, in the circumstances there will be no order as to costs. Consequently, W.M.P. Nos. 24864 and 24865 of 1990 are closed.