My query is about the treatment of subsidy which is received by a farmer in his saving account in relation to agriculture pipe purchased by him.
I need to know that what treatment will be of subsidy amount received and also in itr2 where it will be shown.
Pls reply as the date is close.
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Experts pls reply
Replies (2)
It is reimbursement... can be declared under 'Exempt Income'
pls reply anyone having knowledge in this matter .
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