Nature of receipts – Revenue or Capital u/s 28(iv) - he ...

Sales Tax Retention from Expanded Unit Sales is a Capital Receipt under Haryana Subsidy Scheme, Section 28(iv) IT Act.

August 27, 2014

Case Laws Income Tax AT

Nature of receipts – Revenue or Capital u/s 28(iv) - he assessee’s retention out of the sales tax collected on sale of finished products from expanded unit is part of capital receipt under the subsidy scheme of the Govt. of Haryana. - AT

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Nature of receipts – Revenue or Capital u/s 28(iv) - he ...

Sales Tax Retention from Expanded Unit Sales is a Capital Receipt under Haryana Subsidy Scheme, Section 28(iv) IT Act.

August 27, 2014

Case Laws Income Tax AT

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