The Bombay High Court has stated that sales tax incentive under a government scheme for industrial promotion is a capital receipt, not taxable.

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In the meantime, Altman, the boat dealer, recommends anyone interested in purchasing a boat get the kind of itemized sales receipt he’s started providing to customers.

It used to sound like a joke when President Donald Trump talked about making Canada the 51st US state, but to Canadian leaders it sounds like an increasingly serious threat and part of a plan.