NATURE OF INCENTIVE SUBSIDY RECEIVED BY A SUGAR FACTORY UNDE


Court :
SUPREME COURT OF INDIA

Brief :
It is the object for which the subsidy/assistance is given which determines the nature of the incentive subsidy; the form of the mechanism through which the subsidy is given is irrelevant

Citation :
CIT v Ponni Sugar & Chemicals Ltd. Civil Appeal No. 5694 of 2008 September 16, 2008

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CHEZHIYAN
Published in Income Tax
Views : 92

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