Gas subsidy received
This query is : Resolved
14 May 2016
Respected sir,
Sir, i want information for gas subsidy received from central govt. how it is shown in income tax return
it is taxable or not .
i am salaried empolyee.
Sir, i want information for gas subsidy received from central govt. how it is shown in income tax return
it is taxable or not .
i am salaried empolyee.
14 May 2016
It is not taxable show it under exempted income.
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14 May 2016
Subsidy received from cylinder gas purchase is not treated as income same can be adjusted with drawing. Gas purchase is also personal Exps, Subsidy can be adjusted against drawing.
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