Nature of receipt - Entertainment tax exemption in respect of ...

State Grants Tax Exemptions to Multiplexes: Classified as Capital Receipts to Boost Theatre Infrastructure Development.

June 21, 2023

Case Laws Income Tax AT

Nature of receipt - Entertainment tax exemption in respect of Multiplexes - whether capital or revenue receipts? - where object of respective subsidy schemes of State Governments was to encourage development of Multiple Theatre Complexes, incentives has been held to be capital in nature and not revenue receipts. - AT

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Nature of receipt - Entertainment tax exemption in respect of ...

State Grants Tax Exemptions to Multiplexes: Classified as Capital Receipts to Boost Theatre Infrastructure Development.

June 21, 2023

Case Laws Income Tax AT

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