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Income Tax - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

Subvention assistance received from Holding Company - thus ...


Subvention aid from BHW Holding AG to assessee ruled taxable as revenue receipt.

July 26, 2012

Case Laws     Income Tax     HC

Subvention assistance received from Holding Company - thus amount infused by BHW Holding AG, Germany to the assessee by way of subvention assistance, is taxable as a revenue receipt - HC

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