Capital or Revenue receipt - Nature of Subsidy received from ...

Subsidy from State Trading Corporation of India considered capital receipt, meant to protect capital investment, not revenue.

September 11, 2013

Case Laws Income Tax HC

Capital or Revenue receipt - Nature of Subsidy received from holding company State Trading Corporation of India (STC) - The intention and purpose behind the said payment was to secure and protect the capital investment - The receipt is capital in nature - HC

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Capital or Revenue receipt - Nature of Subsidy received from ...

Subsidy from State Trading Corporation of India considered capital receipt, meant to protect capital investment, not revenue.

September 11, 2013

Case Laws Income Tax HC

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