High Court Rules Grain-in-Aid as Revenue Receipts for Tax Purposes, Impacts Buffer Stock Subsidies Classification.

High Court Rules Grain-in-Aid as Revenue Receipts for Tax Purposes, Impacts Buffer Stock Subsidies Classification. https://www.taxtmi.com/highlights?id=16936 Buffer stock subsidy - Nature of Receipt – whether grain-in-aid received by the assessee would be revenue receipts - Held yes - HC en-us Sat, 25 Jan 2014 17:12:03 +0530 Sat, 25 Jan 2014 17:12:03 +0530 TaxTMI RSS Generator High Court Rules Grain-in-Aid as Revenue Receipts for Tax Purposes, Impacts Buffer Stock Subsidies Classification. https://www.taxtmi.com/highlights?id=16936 Buffer stock subsidy - Nature of Receipt – whether grain-in-aid received by the assessee would be revenue receipts - Held yes - HC Highlights Income Tax Sat, 25 Jan 2014 17:12:03 +0530 https://www.taxtmi.com/highlights?id=16936