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Treatment of subsidy receipt - capital or revenue subsidy - Merely because subsidy received was equivalent to a substantial percentage of the sales tax paid it cannot be construed that the same was in form of refund of sales tax paid and exigible to tax - Tri

Income Tax - Treatment of subsidy receipt - capital or revenue subsidy - Merely because subsidy received was equivalent to a substantial percentage of the sales tax paid, it cannot be construed that t .....

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