Debate on Classifying Sales Tax Exemption Entitlement as Business Income or Capital Gain; Subsidies as Revenue Receipts.

Debate on Classifying Sales Tax Exemption Entitlement as Business Income or Capital Gain; Subsidies as Revenue Receipts. https://www.taxtmi.com/highlights?id=15147 Business income or capital gain - Sale of Sales Tax Exemption Entitlement - there is no dispute that the subsidies granted are revenue receipts and have been granted after setting up of the new industries and after commencement of production. - AT en-us Thu, 17 Oct 2013 11:17:34 +0530 Thu, 17 Oct 2013 11:17:34 +0530 TaxTMI RSS Generator Debate on Classifying Sales Tax Exemption Entitlement as Business Income or Capital Gain; Subsidies as Revenue Receipts. https://www.taxtmi.com/highlights?id=15147 Business income or capital gain - Sale of Sales Tax Exemption Entitlement - there is no dispute that the subsidies granted are revenue receipts and have been granted after setting up of the new industries and after commencement of production. - AT Highlights Income Tax Thu, 17 Oct 2013 11:17:34 +0530 https://www.taxtmi.com/highlights?id=15147