INCOME TAX : Where, for assessment year 2013-14, assessee received subsidy in form of reimbursement of sales tax paid to State Government, assessee was eligible for subsidies only after commencement of commercial production and quantum of subsidy depended upon production, sales and sales tax collected and paid by assessee, same was to be treated as revenue receiptINCOME TAX : Where, for assessment year 2013-14, assessee received subsidy in form of reimbursement of sales tax paid to State Government, assessee was eligible for subsidies only after commencement of commercial production and quantum of subsidy depended upon production, sales and sales tax collected and paid by assessee, same was to be treated as revenue receiptwww.taxmann.com Latest Case LawsRead More
