https://www.taxtmi.com/highlights?id=70479 Nature of receipt - Entertainment tax exemption in respect of Multiplexes - whether capital or revenue receipts? - where object of respective subsidy schemes of State Governments was to encourage development of Multiple Theatre Complexes, incentives has been held to be capital in nature and not revenue receipts. - AT en-us Wed, 21 Jun 2023 09:48:47 +0530 Wed, 21 Jun 2023 09:48:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=70479 Nature of receipt - Entertainment tax exemption in respect of Multiplexes - whether capital or revenue receipts? - where object of respective subsidy schemes of State Governments was to encourage development of Multiple Theatre Complexes, incentives has been held to be capital in nature and not revenue receipts. - AT Highlights Income Tax Wed, 21 Jun 2023 09:48:47 +0530 https://www.taxtmi.com/highlights?id=70479