Whether the power subsidy received by the assesse is taxable as ...
Court Rules Power Subsidy as Taxable Revenue Receipt, Not Capital Receipt, in Income Computation.
July 30, 2013
Case Laws Income Tax HC
Whether the power subsidy received by the assesse is taxable as a revenue receipt in the computation of the income - the amount of power subsidy/rebate is certainly a trading receipt not a capital receipt - HC
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