Nature of subsidy receipt - value of the MILIEV grant given by ...

Court Rules MILIEV Grant Non-Taxable for Recipient Who Transferred Rights Instead of Purchasing Wind Turbine Generator.

June 25, 2022

Case Laws Income Tax HC

Nature of subsidy receipt - value of the MILIEV grant given by the Dutch government as a subsidy for purchase of wind turbine generator - transfer of right by the assessee to another company - Whether it could not be brought to tax in the hands of the assessee u/s.28(iv) when the assessee did not purchase the equipment, but transferred the right to another company? - HELD No - HC

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Nature of subsidy receipt - value of the MILIEV grant given by ...

Court Rules MILIEV Grant Non-Taxable for Recipient Who Transferred Rights Instead of Purchasing Wind Turbine Generator.

June 25, 2022

Case Laws Income Tax HC

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