subsidy for cold storage


This query is : Resolved 

(Querist)
29 September 2008 I want an information regarding subsidies for cold storage as,
1.exemption and other benefits in tax
2.gov.subsidy
it is located in maharashtra

Taxguy (Expert)
29 September 2008 Subsidies differ from state to state, so kindly let us know the name of STate.

29 September 2008 If it is a capital subsidy given by specific asset, then it reduces the cost of the asset. The question of taxation does not arise.


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