Tuesday 5 May 2015

LPG subsidy isn't taxable as it is for welfare of people; Govt. clarifies provision in Finance Bill,

IT : FINANCE BILL, 2015 – Clarification as to Applicability of Official Amendment Moved in Finance Bill, 2015 with Respect to Definition of Income – Provisions in Finance Bill, 2015 Will not Affect Lpg Subsidy and Other Welfare Subsidies Received by Individuals

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