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2018 (8) TMI 654 - AT - Income TaxAdditions on account of TSS Grant - capital receipt and not in the nature of income - Held that:- if the receipt in question is held as income, then the corresponding money spent by the Assessee from TSS have to be regarded as expense (though they might have been laid out for meeting capital expenditure) and only the net receipt can be brought to tax. - Since all these aspects have not been examined by the revenue authorities, matter remanded back.
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