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![Subvention Received by Assessee from Parent Company is a ‘Capital Reciept’, Not Taxable: SC [Read Order] Subvention Received by Assessee from Parent Company is a ‘Capital Reciept’, Not Taxable: SC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan.jpg)
Subvention Received by Assessee from Parent Company is a ‘Capital Reciept’, Not Taxable: SC [Read Order]
The two-judge bench of the Supreme Court of India held that the amount of voluntary subvention (subsidies) paid by a Parent Company to its subsidiary...


![SC sets aside Bombay HC order that gave relief to Actor Amitabh Bachchan in a Tax dispute arising from his income from his show KBC [READ JUDGMENT] SC sets aside Bombay HC order that gave relief to Actor Amitabh Bachchan in a Tax dispute arising from his income from his show KBC [READ JUDGMENT]](https://www.taxscan.in/h-upload/uid/250x150_630.jpg)

