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2014 (2) TMI 1260 - ITAT MUMBAIDepreciation computation - capital subsidy reduction from the cost of machinery - Held that:- Capital subsidy is not required to be deducted from the cost of plant and machinery Revenue v/s capital receipt - Held that:- Subsidy received as Excise duty reimbursement cannot be taken as revenue receipt MAT computation - Held that:- AO is not entitled to add the above said two items to the book profit computed u/s 115JB of the Act. See assessee's own case [2014 (1) TMI 1747 - ITAT MUMBAI]
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