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Income Tax - Highlights / Catch Notes

Home Highlights February 2015 Year 2015 This

Redemption of Stock Appreciation Rights - capital gain or ...


Tribunal's ruling on Stock Appreciation Rights as capital gain overturned; considered perquisite u/s 17(2)(iii) of Income Tax Act.

February 3, 2015

Case Laws     Income Tax     HC

Redemption of Stock Appreciation Rights - capital gain or perquisite under Sec.17(2)(iii) - Tribunal was not justified in holding that capital gain arose to the assessee on redemption of Stock Appreciation Rights which were having no cost of acquisition - HC

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