https://www.taxtmi.com/forum/issue?id=2043 Capital subsidy ordinarily reduces the cost of assets for tax purposes, but may be characterised as a capital receipt depending on the subsidy's purpose, scheme and obligations. Training subsidy normally reduces training expenses (or reduces amortised capitalised training costs where applicable). SEZ status and specific exemptions must be considered when determining tax treatment. en-us Wed, 07 Jul 2010 21:31:41 +0530 Thu, 23 Jan 2025 15:58:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=2043 Capital subsidy ordinarily reduces the cost of assets for tax purposes, but may be characterised as a capital receipt depending on the subsidy's purpose, scheme and obligations. Training subsidy normally reduces training expenses (or reduces amortised capitalised training costs where applicable). SEZ status and specific exemptions must be considered when determining tax treatment. Discussion-Forum Income Tax Wed, 07 Jul 2010 21:31:41 +0530 https://www.taxtmi.com/forum/issue?id=2043