i have received rs 119000 in account from govt subsidy on home industries loan.
so subsidy amount is taxable or not.
Menu
TAXABLE OR NOT
Replies (3)
Its revenue in nature, and hence taxable.......
Not Taxable
i thing now i am confuse
Recent Topics :
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
- Query regarding exemption under Section 10(10AA) &
- NPO registered under sec 8 itr filing
- Form 144 (Earlier 27Q) – Reason Code (A/C/G/
- Nps taxation
- Representative assessee
- Investment Income as Business Income for Sec. 44AD
- In ITR 4 u/s 44ADA what amount we shoud show under
Related Topics :
CAclubindia
