Nature of receipt - subsidy on account of power consumption - ...

Subsidy for power consumption classified as capital receipt, not revenue receipt; considered a capital subsidy.

May 10, 2018

Case Laws Income Tax HC

Nature of receipt - subsidy on account of power consumption - the real purpose of the incentive in this case has to be seen as a capital subsidy and has to be regarded, as such, as a capital receipt and not a revenue receipt. - HC

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Nature of receipt - subsidy on account of power consumption - ...

Subsidy for power consumption classified as capital receipt, not revenue receipt; considered a capital subsidy.

May 10, 2018

Case Laws Income Tax HC

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