Subsidy received from Government of Gujarat - if payments in ...

Government of Gujarat subsidies for business support classified as trade receipts for tax purposes.

April 29, 2015

Case Laws Income Tax HC

Subsidy received from Government of Gujarat - if payments in nature of subsidy from public funds are made to the assessee to assist him in carrying on his trade or business, they are, therefore, trade receipts. - HC

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Subsidy received from Government of Gujarat - if payments in ...

Government of Gujarat subsidies for business support classified as trade receipts for tax purposes.

April 29, 2015

Case Laws Income Tax HC

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