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Income Tax - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

Whether the income by way of return on ‘equity’ accrues to the ...

Case Laws     Income Tax

June 2, 2016

Whether the income by way of return on ‘equity’ accrues to the assessee from day to day, i.e., on the basis of the holding period, for each previous year comprising the holding period, or shall accrue only on the sale of shares, i.e., on the exercise of the put option or, equivalently, call option by AT & T Global - income to be computed @ 11% p.a., compounded annually with reference to the date of the investment- AT

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