Amount received from the State Government in the form of ...

State Government Grant for Salaries and Provident Fund Should Not Be Taxed as Revenue Receipt.

September 13, 2018

Case Laws Income Tax HC

Amount received from the State Government in the form of grant-in-aid - Though large part of the funds were applied for salary and provident fund dues, the object of extension of assistance, it was argued before us, to ensure survival of the company. - Cannot be taxed as revenue receipt.

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Amount received from the State Government in the form of ...

State Government Grant for Salaries and Provident Fund Should Not Be Taxed as Revenue Receipt.

September 13, 2018

Case Laws Income Tax HC

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