Treatment to interest subsidy - revenue v/s capital - granting ...

Interest Subsidy for Industrial Development Deemed Capital; Not Taxable Due to Public Purpose Benefit.

July 16, 2015

Case Laws Income Tax AT

Treatment to interest subsidy - revenue v/s capital - granting incentives was to generate employment through acceleration of industrial development and thus each incentive can be said to have been designed to achieve public purpose - capital in nature not taxable - AT

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Treatment to interest subsidy - revenue v/s capital - granting ...

Interest Subsidy for Industrial Development Deemed Capital; Not Taxable Due to Public Purpose Benefit.

July 16, 2015

Case Laws Income Tax AT

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