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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

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

Income Tax

April 29, 2015

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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