Nature of incentive subsidy - Capital or revenue receipt - ...

Generator Purchase Subsidy Classified as Capital Asset, Not Revenue Receipt, Reducing Asset Cost.

February 14, 2013

Case Laws Income Tax AT

Nature of incentive subsidy - Capital or revenue receipt - subsidy on the purchase of generator set - the same is capital subsidy and should go on to reduce the cost of asset - AT

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Nature of incentive subsidy - Capital or revenue receipt - ...

Generator Purchase Subsidy Classified as Capital Asset, Not Revenue Receipt, Reducing Asset Cost.

February 14, 2013

Case Laws Income Tax AT

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