Whether Grant By Holding Company To Its Subsidiary Treated As Revenue Receipt

FCS Deepak Pratap Singh , Last updated: 01 November 2021  
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INCOME TAX QUESTIONS ANSWERS SERIES XVIII Whether grant received from holding company by a subsidiary company to coup subsidiary continuous trading loss will be treated as Revenue Receipt/ Capital Receipt? QUESTION S Ltd., a subsidiary of H Ltd., has been incurring losses year after year.

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Published by

FCS Deepak Pratap Singh
(Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.))
Category Income Tax   Report

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