Capital Receipt or Revenue Receipt under Income Tax
Here is the Free Study Material on Capital Receipt or Revenue Receipt under Income Tax
Capital Receipt
No Income Tax on sales tax waiver as it is capital receipt : HC
No Tax on compensation/damage for settlement of dispute as is capital receipt : ITAT
carbon credit sale is capital receipt hence not taxable
Interest on fixed deposits is Capital receipt as FDR was linked with Setting up of Power Plant
Refund of Duty Drawback is Capital receipt if it was part of project cost:Delhi High Court
Subsidy scheme incentive for Multiplex Theatre held as Capital receipts : Supreme Court
Subsidy for Setting Up / Expansion of Industry is tax-free Capital Receipt
Deposits collected from public by Sahara is Capital Receipt
Compensation for loss of source of Income is Capital Receipt
Income from project before commissioning are capital receipts : Supreme Court
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