TMI BlogSubsidy for Multiplex Construction Not Revenue: Non-use for Loan Repayment Doesn't Define Its Nature.Revenue or capital - entertainment duty subsidy - The fact that the subsidy was not meant for repaying the loan taken for construction of multiplexes cannot be a ground to hold that subsidy receipt was on revenue account - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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