Taxability of capital grant ?

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CA FINAL
171 Points Posted on 29 November 2012

Hai,

My client ( Govt. Corporation ) receives Capital Grant from Government. Is it taxable ? Can any body suggest me tax planning for the grant ( in detail) ?

Thanks

 

 

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On 29 November 2012 at 20:48 Report
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Business
2570 Points Posted on 29 November 2012

Please provide more details about the nature and purpose of the grants and its utilization.

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On 29 November 2012 at 23:08

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