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2017 (7) TMI 1171 - HC - Income TaxRevenue receipt or capital receipt - entertainment duty subsidy - applicability of decision in Sahney Steel and Press Works Ltd. v. CIT [1997 (9) TMI 3 - SUPREME Court] - Held that:- In the present appeal that subsidy of entertainment duty given to the Assessee by the State Government is in the nature of Revenue receipt has been held by this Court in case of Commissioner of Income Tax-1, Kolhapur vs. Chaphalkar Brothers, reported in [2013 (6) TMI 73 - BOMBAY HIGH COURT]
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