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![Subsidy not to be reduced from Actual Cost of Fixed Assets u/s 43(1) for purpose of Calculation of Depreciation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Subsidy-actual-cost-fixed-assets-calculation-of-depreciation-ITAT-Taxscan.jpg "Subsidy not to be reduced from Actual Cost of Fixed Assets u/s 43(1) for purpose of Calculation of Depreciation: ITAT [Read Order]")
Subsidy not to be reduced from Actual Cost of Fixed Assets u/s 43(1) for purpose of Calculation of Depreciation: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune has ruled that, Subsidy is not to be reduced from the actual cost of fixed assets under Section 43(1)...
![Capital Subsidy received by Assessee liable to be excluded from Computation of Book Profit: ITAT grants relief to Sunrise Biscuit [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/10/Capital-Subsidy-book-profit-ITAT-Sunrise-Biscuit-Taxscan.jpg "Capital Subsidy received by Assessee liable to be excluded from Computation of Book Profit: ITAT grants relief to Sunrise Biscuit [Read Order]")
![Supply, Installation, Operation, Maintenance of Greenfield Public Street Lighting System isn’t classifiable as Supply of Works Contract Services: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Supply-installation-operation-maintenance-of-Greenfield-Public-Street-Lighting-System-supply-of-Works-Contract-Services-AAR-Taxscan.jpg "Supply, Installation, Operation, Maintenance of Greenfield Public Street Lighting System isn’t classifiable as Supply of Works Contract Services: AAR [Read Order]")
![GST: Activities of Supply, Installation, Operation, Maintenance of Greenfield Public Street Lighting System not classifiable as Works Contract Services, rules AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/GST-Activities-of-supply-installation-operation-maintenance-of-Greenfield-Public-Street-Lighting-System-Works-Contract-Services-AAR-Taxscan.jpeg "GST: Activities of Supply, Installation, Operation, Maintenance of Greenfield Public Street Lighting System not classifiable as Works Contract Services, rules AAR [Read Order]")
![Capital Subsidy received on 90% of Project Capital Expenditure liable to GST: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/Capital-Subsidy-Project-Capital-Expenditure-GST-AAR-Taxscan.jpg "Capital Subsidy received on 90% of Project Capital Expenditure liable to GST: AAR [Read Order]")