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![Subsidy received as Octroi Duty Refund is Capital Receipt and not Taxable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Subsidy-octroi-duty-refund-capital-receipt-chargeable-tax-ITAT.jpg "Subsidy received as Octroi Duty Refund is Capital Receipt and not Taxable: ITAT [Read Order]")
Subsidy received as Octroi Duty Refund is Capital Receipt and not Taxable: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai has held that, Subsidy received as an octroi duty refund is a capital receipt and not chargeable as...