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Income Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Subsidy receipt on account of industrial promotion assistance - ...

Income Tax

January 25, 2017

Subsidy receipt on account of industrial promotion assistance - West Bengal Incentive Scheme, 2000 - receipt is capital in nature. Hence, the said receipt is not includible in the taxable income of the appellant company - AT

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