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Income Tax - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

Receipt to be treated as capital receipt or revenue receipt - ...


Court Rules Share Capital Receipt as Capital, Not Revenue, Following SEBI Directives.

October 10, 2013

Case Laws     Income Tax     HC

Receipt to be treated as capital receipt or revenue receipt - Amount was received by way of share capital which was compulsorily required to be invested by SKSE as per the directives of SEBI. - held as capital in nature - HC

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