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2016 (3) TMI 236 - AT - Income TaxExcise duty refund, interest subsidy and insurance subsidy - Deductions u/s 80-IB - capital or revenue receipt - Held that:- Excise Duty refund, interest subsidy and insurance subsidy are to be treated as ‘capital receipt’ not liable to be taxed. See Shree Balaji Alloys v. CIT and Another [2011 (1) TMI 394 - Jammu and Kashmir High Court ] - Decided in favour of assessee
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