Characterization of income - Revenue receipt or capital receipt ...

Case Laws Income Tax

October 7, 2020

Characterization of income - Revenue receipt or capital receipt - subsidy on account of Octroi refund - the assessee is entitled to treat the Octroi refund as capital in nature and it is not chargeable to tax. - AT

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Characterization of income - Revenue receipt or capital receipt ...

Case Laws Income Tax

October 7, 2020

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