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Lpg subsidy

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 January 2016 1 )LPG SUBSIDY IS TAXABLE OR NOT
2) THERE IS NECESSARY TO SHWON IN CAPITAL A/C IF ANY IND NOT SHOWING ANY EXP IN BOOKS
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Arpit Shah

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Arpit Shah (Expert)
25 January 2016 http://taxguru.in/income-tax/taxability-lpg-subsidy-received-individual.html
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Ganeshbabu K

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Ganeshbabu K (Expert)
25 January 2016 1.Not taxable/
2.reduce cost of asset/expenditure to the extent of subsidy received
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