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![Industrial Promotion Assistance received from West Bengal Govt is Subsidy, not Taxable: ITAT [Read Order] Industrial Promotion Assistance received from West Bengal Govt is Subsidy, not Taxable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/06/WhatsApp-Image-2020-06-03-at-10.54.23-AM.jpeg)
Industrial Promotion Assistance received from West Bengal Govt is Subsidy, not Taxable: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) has recently held that the industrial Promotion Assistance (IPA) received by the...