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Income Tax Officer vs Shreejee Chitra Mandir on 28 July, 2005

8.6. As far as the decision of Shreeji Chitra Mandir (supra) is concerned, as cited by the Id.DR Mr.Gupta, the Respected Co-ordinate Bench Indore has examined the scheme. The subsidy was to be given in installments as determined by the administration. Each eligible cinema house was required to file application in prescribed form to the Collector. After the receipt of application from the owners of the cinema houses, the Collector of the District will make such enquiries as he may consider it 13 ITA Nos. 272, 273, 441 & 1097/A/2010 . A.Ys. 2006-07 & 2007-08 necessary and obtain necessary information to make recommendations to the Commissioner of Excise, who in turn was to make the payment of subsidy under intimation to the Collector. It was also found by the Tribunal that if the owners of the Cinema Houses have taken loan from Rashtriya Film Development Corporation or M.P.State Film Development Corporation, then the subsidy would be given through them. On that factual finding, a distinction was drawn by the Tribunal that there was a difference between subsidising the capital outlay and subsidising the running of the business. A clear- cut findings was given that grant-in-aid received by that assessee was not related to any asset or capital outlay, it was received after completion of the cinema house and it was to assist the assessee to run the business of cinema house. It was held that subsidy was not given for construction but the payment of subsidy was nothing but supplementary trade receipt. Ld.DR has therefore relied upon these two decisions, however, we have noticed that the facts were distinct from the facts from the case in hand, hence hereby hold that these two precedents being distinguishable on facts therefore do not apply on the facts of this case.
Income Tax Appellate Tribunal - Indore Cites 11 - Cited by 2 - Full Document
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