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2015 (2) TMI 1345 - AT - Income TaxSales Tax subsidy - capital or revenue receipt - HELD THAT:- The issue is covered, in favour of the assessee, by Tribunal’s order in assessee’s own case and that the Commissioner of Income Tax (Appeals) has merely followed the same. Learned Departmental Representative, however, vehemently relies upon the stand of the Assessing Officer. We see no reasons to take any other view of the matter than the view so taken by us in assessee’s own case for other assessment years. No distinguishing factors have been pointed out by the learned Departmental Representative. In this view of the matter, and respectfully following the said orders, we uphold the conclusion arrived at by the ld. Commissioner of Income Tax (Appeals) and decline to interfere in the matter. Appeal of the Assessing Officer is dismissed.
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