Business income or capital gain - Sale of Sales Tax Exemption ...
Debate on Classifying Sales Tax Exemption Entitlement as Business Income or Capital Gain; Subsidies as Revenue Receipts.
October 17, 2013
Case Laws Income Tax AT
Business income or capital gain - Sale of Sales Tax Exemption Entitlement - there is no dispute that the subsidies granted are revenue receipts and have been granted after setting up of the new industries and after commencement of production. - AT
View Source