Capital receipt OR revenue receipt - On delivery of aircrafts ...

Case Laws Income Tax

February 15, 2017

Capital receipt OR revenue receipt - On delivery of aircrafts fitted with the engines supplied by the IAE, the assessee was allowable to get some credits from IAE. Similarly, suppliers of other components of aircrafts also extended credits to the assessee - Held as capital receipt - AT

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Capital receipt OR revenue receipt - On delivery of aircrafts ...

Case Laws Income Tax

February 15, 2017

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