The Supreme Court held that the Ultratech Cement availed excessive subsidies of 25% under Rajasthan Investment Promotion Scheme-2003 and so interest of 12% per annum is applicable until the whole excessive subsidies are recovered. The appellant, M/s Ultratech Cement Limited, is a public limited company registered under the Companies Act, 1956 and engaged in the […]
from Taxscan | Simplifying Tax Laws https://ift.tt/3eFsTvT
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