Chargeability to income-tax of incentives by way of refund of ...

Excise Duty refunds and Sales Tax exemptions classified as capital receipts, not subject to income tax.

February 19, 2019

Case Laws Income Tax AT

Chargeability to income-tax of incentives by way of refund of Excise Duty and Exemption of Sales Tax - nature of receipt - not taxable - Since the same is as capital receipt.

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Chargeability to income-tax of incentives by way of refund of ...

Excise Duty refunds and Sales Tax exemptions classified as capital receipts, not subject to income tax.

February 19, 2019

Case Laws Income Tax AT

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