TMI BlogTreatment to interest subsidy - revenue v/s capital - granting incentives was to generate employment...Treatment to interest subsidy - revenue v/s capital - granting incentives was to generate employment through acceleration of industrial development and thus each incentive can be said to have been designed to achieve public purpose - capital in nature not taxable - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|