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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Taxability of grant in aid - funds received by the assessee ...

Case Laws     Income Tax

November 5, 2013

Taxability of grant in aid - funds received by the assessee from State Government and Sugar factories have been spend only for those specific projects and there was no surplus with the assessee - not an income u/s 2(24) - not taxable - AT

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