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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

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

Case Laws     Income Tax

September 11, 2013

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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