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Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1990 (1) TMI HC This

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1990 (1) TMI 35 - HC - Income Tax

The High Court of Kerala granted a certificate for the Revenue to appeal to the Supreme Court in a case involving the treatment of subsidies received by an assessee for computing depreciation and development rebate. The court noted conflicting views among High Courts on this issue and deemed the case suitable for appeal due to the substantial amount of subsidy involved.

 

 

 

 

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