Solar panel subsidy from government
CA Aspirant (CA) (177 Points)
27 June 2024
what would be the tax implications of solar panel subsidy from government??
CA Aspirant (CA) (177 Points)
27 June 2024
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(164471 Points)
Replied 27 June 2024
Reduce it from the cost of purchase.
CA Aspirant
(CA)
(177 Points)
Replied 27 June 2024
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(164471 Points)
Replied 27 June 2024
He must have paid more than what is received as subsidy. (most likely about Rs. 2.60 L).
CA Aspirant
(CA)
(177 Points)
Replied 27 June 2024
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(164471 Points)
Replied 28 June 2024
As I said earlier not taxable.
CAclubindia
