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Income Tax | Supreme Court Rules Electricity Cost Subsidy Is Taxable Revenue Receipt

8 Oct 2026 · 6d agoBy CA Vijayakumar ShettySource: TaxGuru

Supreme Court applies purpose test and holds Pondicherry electricity subsidy reducing manufacturing costs a taxable revenue receipt. The post Supreme Court Rules Electricity Cost Subsidy Is Taxable Revenue Receipt appeared first on TaxGuru .

Attribution

Original credit: CA Vijayakumar Shetty. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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