Amount received from the State Government in the form of grant-in-aid - Though large part of the funds...

Amount received from the State Government in the form of grant-in-aid - Though large part of the funds were applied for salary and provident fund dues, the object of extension of assistance, it was argued before us, to ensure survival of the company. - Cannot be taxed as revenue receipt. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X