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Subsidy received from AE for specific purpose can’t be treated as income until it is spent
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Corporate Tax
Subsidy received from AE for specific purpose can’t be treated as income until it is spent
Posted on
on
March 5, 2016
Tenet Tax Daily March 04 2016
By
tenettax-team
Corporate Tax
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Delay in filing appeal can’t be condoned just because assessee is waiting for orders for subsequent AY
Compensation received in connection with termination of share purchase agreement to be taxed as revenue receipt
