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

FCS Deepak Pratap Singh , Last updated: 01 November 2021 Share Follow on Google News

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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About the Author

FCS Deepak Pratap Singh

Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.)

Dear Friends, MyselfFCSDeepak P. Singh ( B.Sc.. LLB, FCS. FIII, CIAFP, CRMP, ID) , A Fellow Member of ICSI, Law Graduate ,Fellow Member of Insurance Institute of India, Certified Independent Director ,Certified Insurance Anti Fraud Professional , Certified Risk Governance Professional ( ICSI-III) and cleared Limited I ... Read more

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