TMI BlogHigh Court Rules Sugar Sale Subsidy as Revenue Receipt, Aimed at Loan Repayment and Business Continuation in Essential Commodities.Incentive/ subsidy on sale of sugar – The subsidy under the scheme was given for repayment of the term loans as the incentive to carry on business in the essential commodity - The receipt was revenue receipt - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
|