Grant for Milk Producer's Society Building Facility Deductible as Revenue Expenditure Under Tax Regulations.

Grant for Milk Producer's Society Building Facility Deductible as Revenue Expenditure Under Tax Regulations. https://www.taxtmi.com/highlights?id=22613 Disallowance of Building grants given to Milk Producer's Society - to put up a building to facilitate the collection of milk and testing it - the expenditure of ₹ 5 lakhs is deductible as revenue expenditure. - AT en-us Wed, 22 Apr 2015 07:32:13 +0530 Wed, 22 Apr 2015 07:32:13 +0530 TaxTMI RSS Generator Grant for Milk Producer's Society Building Facility Deductible as Revenue Expenditure Under Tax Regulations. https://www.taxtmi.com/highlights?id=22613 Disallowance of Building grants given to Milk Producer's Society - to put up a building to facilitate the collection of milk and testing it - the expenditure of ₹ 5 lakhs is deductible as revenue expenditure. - AT Highlights Income Tax Wed, 22 Apr 2015 07:32:13 +0530 https://www.taxtmi.com/highlights?id=22613