i have received rs 119000 in account from govt subsidy on home industries loan.
so subsidy amount is taxable or not.
Its revenue in nature, and hence taxable.......
Dinesh Chandra Suthar (udaipur) (81 Points)
19 June 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171236 Points)
Replied 19 June 2018
Its revenue in nature, and hence taxable.......
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