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2017 (12) TMI 634 - HC - Income TaxSales tax subsidy - addition to the income of the Assessee by treating it as revenue receipt - Held that:- With regard to the very same sales tax subsidy provided in the State of Haryana, pursuant to the Scheme in force in the said State during the AY in question, this Court, in Commissioner of Income Tax v. Johnson Matthey India (P) Limited [2015 (3) TMI 1305 - DELHI HIGH COURT] allowed it as capital receipt - Thus issue answered the said issue in favour of the Assessee and against the Revenue.
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