The Central subsidy given for installing the food processing ...

Central Subsidy for Food Processing Units is Industry-Specific, Not Asset-Specific, and Shouldn't Count as Income.

February 25, 2016

Case Laws Income Tax AT

The Central subsidy given for installing the food processing units in the specified areas is not asset specific but is industry specific. Therefore, it cannot be treated as income of the assessee. - AT

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The Central subsidy given for installing the food processing ...

Central Subsidy for Food Processing Units is Industry-Specific, Not Asset-Specific, and Shouldn't Count as Income.

February 25, 2016

Case Laws Income Tax AT

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