Nature of Receipt – The subsidy though computed in terms of ...

Subsidy for Capital Outlay on New or Expanding Industrial Units Deemed Capital in Nature Under Tax Law.

October 18, 2013

Case Laws Income Tax HC

Nature of Receipt – The subsidy though computed in terms of sales tax deferment or waiver, in essence it was meant for capital outlay expended by the assessee for set up of the unit in case of a new industrial unit and for expansion and diversification of an existing unit - capital in nature - HC

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Nature of Receipt – The subsidy though computed in terms of ...

Subsidy for Capital Outlay on New or Expanding Industrial Units Deemed Capital in Nature Under Tax Law.

October 18, 2013

Case Laws Income Tax HC

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