Dear there,
what is the effect of sale of machinery with in 2 years which entitled TUF Subsidy?
has the capital subsidy to be repaid?
Sale of TUF machinery
Prakash (CA) (39 Points)
29 March 2010
2 Replies
praveen
(Chartered Accountant)
(6971 Points)
Replied 29 March 2010
yes you need to repay that subsidy.
May be there we be levy of penalty as well for not informing the authority before sale.
Himanshu Gambhir
(Abc)
(148 Points)
Replied 01 April 2010
| Originally posted by : praveen | ||
 |
yes you need to repay that subsidy. May be there we be levy of penalty as well for not informing the authority before sale. |
 |
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