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Tax treatment of lpg subsidy received

Tax queries 2225 views 3 replies
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student
37 Points Posted on 01 April 2018

what is the tax treatment for LPG subsidy received in the hands of an Individual Assessee?

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On 01 April 2018 at 07:49 Report
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"Do the Right Thing...!!!"
128152 Points Posted on 01 April 2018
It's is exempted subsidy. Account in capital.
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On 01 April 2018 at 07:55
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Ca
137 Points Posted on 01 April 2018
this is not taxable income hence no tax is levied on LPG subsidy .
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On 01 April 2018 at 13:55
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Ca
137 Points Posted on 01 April 2018
there is no tax liability levied on LPG subsidy as that is not u r income.
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On 01 April 2018 at 08:46


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