Whether non-refundable grants be considered as Capital Expenditure and not allowed as expenditure for deduction

FCS Deepak Pratap Singh , Last updated: 08 February 2022
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National Co-operative Development Corporation (Appellant) vs. Commissioner of Income Tax, (Respondent) CIVIL APPEAL NOS. 5105-5107 OF 2009 The Supreme Court- September 29, 2020 FACT OF THE CASE The appellant-Corporation, National Co-operative Development Corporation, was established under th

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Published by

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

Whether non-refundable grants be considered as Capital Expenditure and not allowed as expenditure for deduction

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

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Original Price : INR 2999/-

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