Characterization of Income - Electricity duty exemption - ...

Case Laws Income Tax

May 2, 2020

Characterization of Income - Electricity duty exemption - revenue receipt OR Capital receipt - Assessee had not received any benefit by way of adjustment or reimbursement for the year under consideration, so it was a hypothetical income which may or may not materialize to its money value. - additions deleted.

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Characterization of Income - Electricity duty exemption - ...

Case Laws Income Tax

May 2, 2020

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