No part of the subsidy was specifically intended to subsidize ...

Income Tax

July 28, 2017

No part of the subsidy was specifically intended to subsidize the cost of any fixed asset - Therefore, for the purpose of computing depreciation allowable to the assessee, the subsidy amount cannot be reduced from the actual cost of the capital asset.

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No part of the subsidy was specifically intended to subsidize ...

Income Tax

July 28, 2017

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