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Subsidy given by State Govt. on account of power consumption by new/expanded units was capital receipt
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Corporate Tax
Subsidy given by State Govt. on account of power consumption by new/expanded units was capital receipt
Posted on
on
June 27, 2018
Tenet Tax Daily June 27 2018
By
tenettax-team
Corporate Tax
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ITAT allowed provision for warranty services created in accordance with inputs received from technical team
Sum paid to Foreign Co. towards supervision & installation of pipes and fittings couldn’t be held as FTS
