Addition on account of Capital Subsidy u/s. 41(1) - to ...
Subsidy for Windmill Setup Not Taxable u/ss 41(1), 43(1), or 50 of Income Tax Act.
February 4, 2016
Case Laws Income Tax AT
Addition on account of Capital Subsidy u/s. 41(1) - to encourage the setting up of wind mill to promote generation of energy through non conventional sources - the subsidy received by the assessee is not taxable u/s 41(1), neither u/s 43(1) and nor u/s 50 - AT
View Source