https://www.taxtmi.com/highlights?id=32292 Revenue subsidies received from the Government towards reimbursement of cost of production/ manufacture or for sale of the manufactured goods are part of profits and gains of business derived from the Industrial Undertaking / eligible business, and are thus, admissible for applicable deduction under Chapter VI-A of the Act. en-us Wed, 30 Nov 2016 16:13:31 +0530 Wed, 30 Nov 2016 16:13:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=32292 Revenue subsidies received from the Government towards reimbursement of cost of production/ manufacture or for sale of the manufactured goods are part of profits and gains of business derived from the Industrial Undertaking / eligible business, and are thus, admissible for applicable deduction under Chapter VI-A of the Act. Highlights Income Tax Wed, 30 Nov 2016 16:13:31 +0530 https://www.taxtmi.com/highlights?id=32292