Income tax on sale of MEIS Scrips

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..... Hi, we have been issued some MEIS scrips last FY, but planning to sale it this year. So, should we pay income tax on sale of these scrips this year or has to be added in last years income? - Reply By .....

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..... MUKUND THAKKAR - The Reply = According to me yes, it is part of Sales./ other Income and need to pay GST in retaliation of taking any services for getting MEIS. - Reply By AshaKanta Sharma - The .....

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..... Reply = GST needs to be paid on sale of the same. - Income tax on sale of MEIS Scrips - Query Started By: - Ankur Mittal Dated:- 16-12-2020 Income Tax - Got 2 Replies - Income Tax - Discussion Fo .....

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..... rum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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