TMI Blog2017 (2) TMI 1363X X X X Extracts X X X X X X X X Extracts X X X X ..... by the decision of this Court in Chaphalkar Brothers (supra). However, this appeal has been filed by the Revenue as the decision of this court in Chaphalkar Brothers (supra) is subject matter of appeal before the Supreme Court. However, in the absence of any stay of the decision of this Court in Chaphalkar Brothers (supra), no fault can be found with the impugned order of the Tribunal in following ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Brothers v/s. ITO No.1342 and 1343/PN/2006 order dated 30.06.2009 in holding that the entertainment tax subsidy is a capital receipt? . 3 The impugned order of the Tribunal dismissed the Revenue's Appeal by following the decision of this Court in CIT v/s. Chaphalkar Brothers 351 ITR 309 wherein on an identical facts, this Court had held that the subsidy received by the RespondentAsse ..... X X X X Extracts X X X X X X X X Extracts X X X X
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