Where the assessee had received the alleged subvention amount or ...

Subvention from Nalco USA deemed a capital receipt, not taxable for assessee by authorities.

September 14, 2019

Case Laws Income Tax AT

Where the assessee had received the alleged subvention amount or the subsidy as referred to by the Assessing Officer / TPO / DRP, the amount received by assessee from its parent company Nalco, USA was a capital receipt in the hands of assessee and hence, was not taxable in its hands. - AT

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Where the assessee had received the alleged subvention amount or ...

Subvention from Nalco USA deemed a capital receipt, not taxable for assessee by authorities.

September 14, 2019

Case Laws Income Tax AT

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