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Income Tax - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Taxability of subsidy receipt under West Bengal Incentive ...

Income Tax

July 18, 2019

Taxability of subsidy receipt under West Bengal Incentive Scheme, 2000 - mode of computation/form of subsidy is irrelevant - the entire reason behind receiving the subsidy is setting up of plant in the backward region of West Bengal, namely, Bankura - not taxable being capital receipts

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