Home Tags Income-Subsidy–VAT reimbursement.

Tag: Income-Subsidy–VAT reimbursement.

Income-Subsidy–VAT reimbursement–Whether capital receipt or revenue receipt– Applicability of section 2(24)(xviii)

Income-Subsidy--VAT reimbursement--Whether capital receipt or revenue receipt-- Applicability of section 2(24)(xviii) Pr. CIT v. Deepak Vegpro (P) Ltd. Decision:    In assessee's favour. Facts: Subsidy in the form of VAT...