Monday, December 3, 2018

Contribution received by society to execute project on behalf of Govt. wasn't revenue receipt: HC

IT : Where Ministry had sanctioned a certain sum for setting up Model Inspection & Certification Centers to assessee and assessee was to execute project for and on behalf of Ministry, and on completion of project, unutilised amount was to be returned to Minsitry, amount received was not revenue receipt of assessee

from www.taxmann.com Latest Case Laws https://ift.tt/2SlqtYm
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