TMI Blog1999 (8) TMI 921X X X X Extracts X X X X X X X X Extracts X X X X ..... - Appeal allowed. As the subsidy is to meet a certain percentage of expenditure on power the receipt is therefore, revenue in nature and is covered by the decision Sahney Steel and Press Work Ltd. v. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... receipt is therefore, revenue in nature and is covered by the decision of this Court in Sahney Steel and Press Work Ltd. v. Commr. of Income-tax . The appeal is allowed accordingly. There will howe ..... X X X X Extracts X X X X X X X X Extracts X X X X
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