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![Subsidy Received for Setting Up or Expansion of Industry is ‘Capital Receipt’, Not Taxable: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/07/Subsidy-Tax-Scan.jpg "Subsidy Received for Setting Up or Expansion of Industry is ‘Capital Receipt’, Not Taxable: ITAT Delhi [Read Order]")
Subsidy Received for Setting Up or Expansion of Industry is ‘Capital Receipt’, Not Taxable: ITAT Delhi [Read Order]
In a recent ruling, the Income Tax Appellate Tribunal held that, Subsidy received for setting up of or expansion of industry falls in the realm of...