Grant received under Sampoorna Gramin Swarojgar Yogna (‘SGSY’) ...

Sampoorna Gramin Swarojgar Yojna grants are capital receipts, exempt from taxation, not classified as revenue receipts.

June 21, 2023

Case Laws Income Tax AT

Grant received under Sampoorna Gramin Swarojgar Yogna (‘SGSY’) from Government - Nature of receipt - revenue or capital receipt - the sum receipt on account of grant under SGSY as not revenue receipt - Not taxable - AT

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Grant received under Sampoorna Gramin Swarojgar Yogna (‘SGSY’) ...

Sampoorna Gramin Swarojgar Yojna grants are capital receipts, exempt from taxation, not classified as revenue receipts.

June 21, 2023

Case Laws Income Tax AT

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