Nature of Sales tax incentive received - Revenue receipt OR ...

Sales Tax Incentive Classification: Revenue vs. Capital Receipt Debate; Past Treatment Not Binding for Future Claims.

September 6, 2022

Case Laws Income Tax AT

Nature of Sales tax incentive received - Revenue receipt OR capital receipt - notwithstanding that the assessee has treated such incentive as revenue receipt in past, the same cannot be deterrent for making a correct claim in the subsequent assessment year. - AT

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Nature of Sales tax incentive received - Revenue receipt OR ...

Sales Tax Incentive Classification: Revenue vs. Capital Receipt Debate; Past Treatment Not Binding for Future Claims.

September 6, 2022

Case Laws Income Tax AT

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