Subsidy for Windmill Setup Not Taxable u/ss 41(1), 43(1), or 50 of Income Tax Act.

Subsidy for Windmill Setup Not Taxable u/ss 41(1), 43(1), or 50 of Income Tax Act. https://www.taxtmi.com/highlights?id=27203 Addition on account of Capital Subsidy u/s. 41(1) - to encourage the setting up of wind mill to promote generation of energy through non conventional sources - the subsidy received by the assessee is not taxable u/s 41(1), neither u/s 43(1) and nor u/s 50 - AT en-us Thu, 04 Feb 2016 07:31:47 +0530 Thu, 04 Feb 2016 07:31:47 +0530 TaxTMI RSS Generator Subsidy for Windmill Setup Not Taxable u/ss 41(1), 43(1), or 50 of Income Tax Act. https://www.taxtmi.com/highlights?id=27203 Addition on account of Capital Subsidy u/s. 41(1) - to encourage the setting up of wind mill to promote generation of energy through non conventional sources - the subsidy received by the assessee is not taxable u/s 41(1), neither u/s 43(1) and nor u/s 50 - AT Highlights Income Tax Thu, 04 Feb 2016 07:31:47 +0530 https://www.taxtmi.com/highlights?id=27203